Tag Archives: median home price

Despite cooling housing market, pending sales continue to climb

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During the four-week period ending Sept. 5, pending sales rose 6 percent from a year earlier, according to a report released Wednesday by Redfin. Continue reading →

Extreme seller’s market shows more signs of leveling off: Redfin

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The typical home price has been holding roughly steady for weeks as inventory continues its slow path to recovery. Continue reading →

Home prices jump by double digits across nearly every US metro

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The median existing single-family home price rose 22.9 percent year over year during the second quarter of 2021, according to NAR. Continue reading →

Days on market drops by nearly 50% amid inventory crisis

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New listings are up 19.1 percent year over year, but demand continues to outpace new listings, leading to increasingly fewer days on market. Continue reading →

Pending-home sales increase following 2 months of declines: NAR

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The pending home sales index rose from the previous month in every U.S. region but the Midwest, while all regions saw gains year over year. Continue reading →

Buying is more affordable than renting in 53% of the U.S.

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According to Attom Data Solutions’ latest Rental Affordability Report, buying is more affordable than renting for the average wage earner in the majority of U.S. markets, despite home-price growth outpacing wage growth. Continue reading →

November inventory nosedives as demand outpaces supply

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Inventory levels declined 9.5 percent year-over-year in November as low mortgage rates push more buyers to the market. Continue reading →

Price growth in the nation’s metros continues to slow

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The median existing single-family home price in the country’s metro areas rose 3.9 percent year-over-year in the first quarter of 2019, according to NAR. Continue reading →

Pending home sales decrease in August, marking 8-month decline

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Pending home sales dropped 2.3 percent in August — the eighth consecutive month of annualized declines, according to the National Association of Realtors. Continue reading →