Real Estate News 04/29/2026

Home construction posted a strong rebound in March, with housing starts rising 10.8% as builders took advantage of better conditions and ongoing demand for new homes. While permits dipped slightly due to cost pressures and uncertainty, this reflects a cautious and strategic approach rather than a slowdown in confidence. Overall, the housing market continues to show resilience, supported by long-term housing shortages and steady buyer demand that keeps construction activity moving forward.

In The News:

Realtor –“Home Constructions Rebounds in March, but Worries Persist“ (04-29-2026)

“Housing starts surged10.8% in March to 1.5M units, with single-family construction topping 1M for the first time in over a year, signaling renewed near-term strength in housing supply.”

CNBC –“Mortgage Rates Surge to Nearly Four-Week High as Iran Headlines Impact Markets“ (04-29-2026)

“Mortgage rates climbed to a nearly four-week high, with the 30-year fixed rising to6.45%—the highest since April 3—as geopolitical tensions pushed bond yields higher.”

CNBC –“Mortgage Rates are Rising Again, but Homebuyers are Trickling Back” (04-29-2026)

“Mortgage rates ticked higher again to6.37%, extending recent volatility, while refinance demand dropped4% week-over-weekas borrowers react quickly to rate swings.”

World Property Journal –“Homes Sell in 66 Days, Slowest February Pace in a Decade” (03-20-2026)

“Homes took a median 66 days to sell in February—the slowest pace in a decade, as elevated rates and economic uncertainty continue to weigh on buyer activity.”

World Property Journal –“U.S Foreclosures Climb in Early 2026 as Representative Surge“(04-24-2026)

"Foreclosure filings rose6% quarter-over-quarter and 26% year-over-year to 118,727 properties, signaling a gradual but broad-based increase in housing market distress as higher borrowing costs persist”