The increase follows two months of declines, the National Association of REALTORS® said. 

Multifamily construction, meanwhile, rose on a monthly basis. 

Buyers had been sitting on the sidelines awaiting the election’s outcome, as well as drops in mortgage rates, but they are back and looking to buy.

Homeowners and buyers will prioritize nostalgic, old-world design sensibilities juxtaposed with modern sustainability technologies next year, according to Zillow.

Experts were asked to rate markets in categories such as investment potential and development opportunities.

Looking ahead, the CoreLogic Home Price Insights report predicts home prices will dip by 0.1% in October on a month-over-month basis.      

The median sales price, meanwhile, ticked lower. 

A growing number of renovating homeowners now classify their primary bathroom as a “wet room,” according to the 2024 Houzz Bathroom Trends Study.

At the same time, days on market rose, and existing-home sales declined.

September pending home sales rose 7.4% to their highest level since March, according to the National Association of REALTORS®.

Sustainability and housing affordability are on the top 10 list.

The S&P CoreLogic Case-Shiller U.S. National Home Price Index hit a new record in August, marking the 15th month in a row of new highs. 

The median price of a new home sold during the month was also up, according to the U.S. Census Bureau and the U.S. Department of Housing and Urban Development. 

Sales slid 1% compared to August, the National Association of REALTORS® said. 

Multifamily starts, meanwhile, declined, the U.S. Census Bureau and the U.S. Department of Housing and Urban Development said.    

October’s increase comes as inflation slows and mortgage rates decline.