The median price of homes that sold during the four-week period ending August 9 was up 10% year over year—the largest increase in over six years—and hit a new all-time high of $314,000, according to a new report from Redfin ...

Tagged with: Housing market

The housing market showed some early signs of recovery in May as the addition of homes for sale and contracts to buy homes both increased dramatically from April levels, according to a new report from Redfin (www.redfin.com), the technology-powered real ...

Tagged with: Housing market

What a difference a year makes. In November 2018, higher mortgage rates and increasing inventory characterized the U.S. housing market. This November, the number of homes for sale fell nearly 10 percent year-over-year in a market where low interest rates ...

Tagged with: Housing market

Data from the latest Health of Housing Markets Report (HoHM Report) from Nationwide Economics says that, while housing fundamentals are still in good shape, existing home sales are likely in year two of a downward trend. The peak in housing ...

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Home sales, which lagged during the first part of 2019, continued their recent rebound with another strong month in October. October 2019 sales finished 3.9% higher than in October 2018. At the same time, inventory posted a steep 9.0% year-over-year ...

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Lower interest rates are prompting more buyers to come into the market, putting pressure on an already tight U.S. housing market and reversing 10 months of national inventory growth, according to realtor.com®‘s July 2019 Monthly Housing Trend report released today. ...

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First-time home buyers can expect an easier home shopping experience this spring, as market conditions shift in their favor, welcome news for buyers who have struggled to break into the market. Entry-leveli home values are growing at their slowest pace since ...

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The U.S. housing market showed continuing signs of cooling in many of the nation’s largest metros in December. According to realtor.com®‘s December housing report, the largest markets saw a 10 percent increase in inventory, compared to a nationwide average of 5 ...

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National housing prices as a whole are slightly overheated and residential real estate markets are experiencing minimal downward pressure on the demand for home ownership, according to a new study from faculty at the Florida Atlantic University College of Business. The study’s ...

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The third consecutive month of lower year-over-year home sales in October contributed to the first year-over-year inventory increase in a decade according to the RE/MAX National Housing Report for October 2018. Meanwhile, the Median Sales Price recorded one of its lowest ...

Tagged with: Housing market