Tag Archives: Holden Lewis

Existing-home sales decline, median sales price hits record high

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The median existing-home price jumped by 4.1 percent year-over-year to $426,900 for all housing types, marking the second month of record highs. Continue reading →

New-home sales fall abruptly in February for first time in 3 months

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Sales of newly built homes slipped a modest 0.3 percent between January and February to a seasonally adjusted annual rate of 662,000, according to data released Monday by the U.S. Census Bureau. Continue reading →

Existing-home sales droop as mortgage rates hit 20-year highs

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Home sales fell 2 percent between August and September and retreated 15.4 percent from a year ago as prices and interest rates climbed. Continue reading →

Intel unpacks the startling price of entry into the US housing market

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Economists, homeowners and agents broke down the alarming but true cost of buying property in 2023, telling Intel that rising rates and home prices are only the start for wallet-stretched buyers. Continue reading →

New-home sales wilt in June but remain elevated amid low inventory

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New-home sales drooped 2.5 percent from May to a seasonally adjusted rate of 697,000 — 23.8 percent higher than June 2022, according to data released Wednesday by the U.S. Census Bureau. Continue reading →

Existing-home sales slip for ninth-consecutive month in October

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Sales of existing homes fell 5.9 percent to a seasonally adjusted rate of 4.43 million — 28.4 percent lower than in October 2021, according to data released Friday by the National Association of Realtors. Continue reading →

Existing home sales drop for 6th straight month: ‘Not a recession’

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“Inventory remains tight and prices continue to rise nationally with nearly 40% of homes still commanding the full list price,” said NAR’s Chief Economist Lawrence Yun. Continue reading →

‘It’s a hopeful sign’: Builders forge ahead on new home starts

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Builders kicked off construction on 129,400 new housing units in November — a half-percent increase on a month when starts typically decline, according to the U.S. Census Bureau. Continue reading →

Eviction and foreclosure moratoriums expire

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Several economists and housing experts share what could unfold for homeowners, renters and the overall economy when the CDC’s eviction and foreclosure moratorium ends on July 31. Continue reading →