Nationally, asking rents were up 15% in February, while homebuyer mortgage payments increased twice as fast, Redfin reported.

Regardless of size, buyers are paying "big numbers," reported NAI Global.

Veteran executive Fred Knapp has been named the firm's managing partner.

Survey suggests older Americans are keener on owning a home; all rate it difficult to achieve.

Skyrocketing home values and rent make the jump to ownership even more challenging, according to Zillow.

Multifamily production is also rising, reaching a two-year high.

The industry's 10-month upward trend halted in January with QSRs part of the decline.

Construction materials costs rose 20 percent in the past 12 months.