New Zonda home sales report has only dour descriptors

Sales down year over year, no change in average ranking for sixth consecutive month
Federal land development is no ‘silver bullet’ for U.S. housing shortage: Realtor.com

The U.S. faces an estimated shortfall of 3.8 million homes
Rising construction wages underscore continued labor shortage woes

Wage growth is outpacing employment growth in the construction industry: LendingTree
Housing inventory balloons as home sale cancellations surge

There were 1.36 million homes for sale last month, according to Zillow
Consumer sentiment improving, but well short of December levels

High-wealth consumers are also feeling gloomier than they did at the end of 2024
Multifamily construction surge veils ‘underlying weakness’ in single-family sector

Affordability challenges are suppressing homebuying, boosting rental demand: Wells Fargo
Home builders still lack confidence despite recent legislative wins

The Housing Market Index remains near historical lows
Legalized cannabis linked to higher home values

Nine of the 10 states with the largest home price gains since 2009 have legalized marijuana in some form
Foreign buyers flock back to U.S. home market

Buyers from other countries accounted for $56 billion in home sales between April 2024 and March 2025
Zenlist acquired by Realtor.com operator Move

Mobile-first platform adopted by many MLSs, brokerages and agents