Tag Archives: home prices

It’s official: Inflation ramps up to fastest annual pace in 40 years

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It’s not just the housing market. The prices of U.S. consumer goods have been rising faster than at any 12-month period since 1982, according to the Consumer Price Index, released Friday. Continue reading →

Biden tariff policy propels lumber costs back to record highs

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Booming buyer demand, withering US lumber supplies and a tariff hike on Canadian softwood have pushed lumber prices to a pandemic high, with sales contracts closing at $950 Wednesday. Continue reading →

Home price hikes persisted in Q3 as September signaled growth decline

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Prices rose 4.2 percent in the third quarter of 2021 and were up 18.5 percent over the same time last year, according to the latest House Price Index by the Federal Housing Finance Agency. Continue reading →

Skyrocketing US home prices are finally beginning to slow down

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September 2021 marked the first month since May 2020 in which annual home price growth decelerated, with home prices increasing 19.5 percent year over year, down from a 19.8 percent annual gain in August. Continue reading →

6 stories readers might have missed while eating Thanksgiving leftovers

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Whether you were stuffing your face with pumpkin pie or breaking up a brawl between brothers who aren’t on speaking terms, here are the top stories you might have missed this weekend. Continue reading →

2021 on pace to tally biggest year in existing-homes sales since 2006

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Inventory across all housing types fell 0.8 percent from the month previous and 12 percent year over year to 1.25 million units. Nonetheless, home sales are expected to exceed 6 million by the end of the year. Continue reading →

Home sales — and prices — expected to decline over next 2 years

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For the first time, Fannie Mae is forecasting all the way out to 2023, when it expects the economy to enter “mature state of the business cycle,” with the risk of another recession moving into focus. Continue reading →

Home prices see double-digit price surge across almost 80% of metros in Q3: NAR

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The median sales price of single-family existing homes increased in 99 percent of the 183 markets measured by the National Association of Realtors, while 78 percent of markets saw double-digit price gains. Continue reading →

America’s priciest enclaves: The big risers and fallers in 2021

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The most exclusive communities in the U.S. got even tougher to buy into in 2021, as home prices soared in the nation’s priciest ZIP codes, according to real estate data firm PropertyShark. Continue reading →