Existing-home sales tallied a 1.3 percent uptick in July following four months of declines, according to NAR data released Thursday. However, market headwinds have kept sales sluggish compared to 2023. Continue reading
As for-sale listings continue to surge, many would-be homebuyers are still having trouble finding properties that they can afford and prices are already coming down in some markets Continue reading
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
The median sale price for an existing home in the U.S. has grown to a whopping $419,300 — the highest since NAR began tracking the metric — following 11-consecutive months of price gains. Continue reading
Homes at the higher end of the market — priced at $1 million or more — enjoyed the spoils with inventory and sales rising by double digits from a year ago, according data released Wednesday by NAR. Continue reading
While 2024 is looking like more of the same down market, leading indicators may point to happier days ahead, according to Mike DelPrete. Continue reading
Existing-home sales retreated 4.3 percent between February and March to a seasonally adjusted annual rate of 4.19 million, according to data released Thursday by the National Association of Realtors. Continue reading
Existing-home sales were on the upswing in February, according to a National Association of Realtors report published on Thursday. The sale of existing single-family homes, townhomes, condominiums and co-ops declined 3.3 percent year-over-year from 4.5… Continue reading
Existing-home sales struggled to break out of a winter slump, according to a National Association of Realtors report published on Thursday. The sale of existing single-family homes, townhomes, condominiums and co-ops declined 1.7 percent year-over-year… Continue reading
Loan applications for new-home purchases were up 19 percent from a year ago in January, according to an MBA survey of builders that’s been an accurate predictor of trends. Continue reading