Multifamily construction, meanwhile, rose on a monthly basis. 

Homeowners and buyers will prioritize nostalgic, old-world design sensibilities juxtaposed with modern sustainability technologies next year, according to Zillow.

“Maybe the worst is coming to an end,” Yun said.

As the nation reacts to President-elect Donald Trump’s win, real estate agents are no doubt wondering what a second Trump term means for housing. Here’s a rundown.

At the same time, existing-home sales declined, and days on market rose.

Fifty-four percent of Americans would move into a haunted house, according to Clever Real Estate. Meanwhile, 95% say they’re more scared of home repairs.

The S&P CoreLogic Case-Shiller U.S. National Home Price Index hit a new record in August, marking the 15th month in a row of new highs. 

Sales slid 1% compared to August, the National Association of REALTORS® said. 

The average 30-year fixed mortgage rate climbed to 6.44%. 

Multifamily starts, meanwhile, declined, the U.S. Census Bureau and the U.S. Department of Housing and Urban Development said.    

The Metroplex lagged only New York and Chicago, which saw 9,381 and 7,719 properties change hands, respectively.

At the same time, days on market rose, while existing-home sales slid, according to this month’s Housing Scorecard.

Katie Johnson, who serves as NAR’s chief legal officer and chief member experience officer, is stepping down.

Prices were up 0.6% month over month and 2.3% year over year, according to First American Data & Analytics’ monthly Home Price Index report. 

In University Park, $257,095 is the minimum income to be considered middle class, according to GOBankingRates. The maximum, meanwhile, is $771,286.

Mortgage rates have been dropping in recent weeks in anticipation of the Fed’s move.