The trend in increasing number of excess bedrooms is driven by both declining household sizes and by an increase in the number of bedrooms per home.

NAR: Existing-home sales in the South rose 5.6% from October to an annual rate of 1.87 million in November, up 3.3% from one year before.

One in four buyers with kids received family cash for down payments, compared to 12% of those without, highlighting higher housing costs for families.

The Fed cut rates for the third time in 2024 but signaled slower reductions ahead, citing persistent inflation and economic uncertainties.