Data Shows Prices of Existing Homes Outpacing Prices for New Construction

The Buzz is a regular summary of housing market news and data driving our decision-making at BlueBid.

Here's the Buzz for the week of May 5, 2026:

• Home prices rose across the majority of metro markets in the first quarter, according to the National Association of Realtors.

• While sales of newly built homes surged in March, Yahoo Finance did observe prices for new construction homes down 5.3% month-over-month.

• Forbes reports 30-year fixed mortgage rates just hit a one-month high of 6.46%.

• A report from Zillow shows housing starts increased nationwide and in every region in March, but permitting activity suggests near-term softness. 

• Fast Company shows national listings up 4.6% annually - a sharp deceleration from a year earlier. Still, pre-market activity on BlueBid remains robust. 

• We're nearing the launch a new tool for well-connected real estate agents. Check it out here: Pocket List for Agents

Have a great week.

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Disclaimer: Views expressed here are my own and not the views of my coworkers or anyone else. I am not a financial advisor, investment advisor, or housing expert. I’m just a guy who cares deeply about saving the American Dream of homeownership.