Homebuyer affordability improved in November, with the national median payment applied for by purchase applicants decreasing to $2,137, according to the Mortgage Bankers Association's Purchase Applications Payment Index.

Existing home sales grew in November, breaking a streak of five consecutive monthly declines, according to the National Association of Realtors.

CBRE, Dallas, released its U.S. Real Estate Market Outlook 2024, predicting that commercial real estate investment activity likely will begin to pick up in the second half of next year.