Realtor.com reports a record 31.9 million excess bedrooms in U.S. homes for 2023, up from 31.3 million in 2020 and over four times the 7 million in 1980.
The Federal Housing Finance Agency (FHFA) released its House Price Index (HPI®) for Q1 and March of 2023. House prices climbed 4.3% from Q1 2022 to Q1 2023. They also rose 0.5% compared to Q4 2022, while, on a monthly basis, they rose 0.6% from February.