Investor purchases made up 9.5 percent of home purchases nationally in April, modestly below a February 2022 peak of 9.7 percent and an increase of 64 percent from 2019 levels, according to data from Realtor.com. Continue reading
Sales of existing homes ticked down 5.4 percent between May and June, falling 14.2 percent from a year ago, as median prices rose to $416,000, according to the National Association of Realtors. Continue reading
A new report from the Fed suggests it was spiking demand, not a lack of homes for sale, that sent prices skyrocketing over the past two years. Continue reading
The latest jobless numbers show U.S. unemployment is holding steady at a very low 3.6 percent. In real estate, this situation may offer a slight counter trend to rising rates and inflation. Continue reading
Recent inventory shortages may ease somewhat in 2022, but demand will probably still exceed supply and affordability will be challenging. Continue reading
Amid the continued shattering of annual sales pace records, inventory also took a slight hit during October, a report from realtor.com released on Wednesday showed. Continue reading
Slowed contract signings in September are a likely sign that home price growth will soon come back down to earth, NAR Chief Economist Lawrence Yun said. Continue reading
Total existing-home sales in July 2021 rose 2 percent on a seasonally adjusted annual basis from June to a rate of 5.99 million, according to the National Association of Realtors. Continue reading
According to the U.S. Census Bureau’s latest report on Monday, new residential sales declined 19.4 percent from June 2020. Continue reading
The fall could bring cooling prices and more inventory, according to a new report from realtor.com released Thursday. Continue reading