Here’s a summary of some real estate investment news for this week (April 1st to April 6th, 2024):

Home Prices and Sales

• Home prices continue to rise, with the FHFA reporting a 6.3% year-over-year increase [Source: Real Estate Investing Today].
• The S&P CoreLogic Case-Shiller Index also showed a continued upward trend [Source: Real Estate Investing Today].
• Existing home sales saw their largest monthly increase in a year [Source: Real Estate Investing Today].
• New home sales dipped slightly in February [Source: Real Estate Investing Today].

Rents

• Rental prices are still growing, but at a slower pace than earlier in the year according to CoreLogic [Source: Real Estate Investing Today].
• Zumper’s National Rent Report for March 2024 provides details on rent growth across the country [Source: Real Estate Investing Today].

Other

• Rising inflation is putting upward pressure on housing costs [Source: Real Estate Investing Today].
• Property taxes continue to be a significant expense for real estate investors, with some areas seeing a large increase in 2023 [Source: HousingWire].
• There are legal developments that could impact the real estate industry, including an appeals court decision allowing the DOJ to reopen its investigation into the National Association of Realtors (NAR) [Source: HousingWire].

You can find more details on these stories and others by visiting websites like the National Association of Realtors https://www.nar.realtor/, HousingWire https://www.housingwire.com/, and Real Estate Investing Today https://realestateinvestingtoday.com/.