Tag Archives: median home price

New home sales beat expectations as prices climb to historic record

By Lillian Dickerson | October 26, 2021 - 3:33 pm |October 26, 2021 Uncategorized

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Sales of new single-family homes notched a seasonally adjusted annual rate of 800,000 in September 2021, while the median sales price hit a new record of $408,800. Continue reading →

Low mortgage rates keep home costs in an acceptable range

By Daniel Houston | September 23, 2021 - 4:01 am |September 23, 2021 Uncategorized

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Ownership costs for the median home remain within a normal range but are nearing the point where lenders might start to balk. Continue reading →

Despite cooling housing market, pending sales continue to climb

By Lillian Dickerson | September 9, 2021 - 2:58 pm |September 9, 2021 Uncategorized

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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

By Daniel Houston | August 26, 2021 - 5:55 pm |August 26, 2021 Uncategorized

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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

By Lillian Dickerson | August 12, 2021 - 4:18 pm |August 12, 2021 Uncategorized

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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

By Lillian Dickerson | May 13, 2021 - 8:04 pm |May 13, 2021 Uncategorized

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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

By Lillian Dickerson | April 29, 2021 - 2:49 pm |April 29, 2021 Uncategorized

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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.

By Marian McPherson | January 9, 2020 - 5:01 am |January 9, 2020 Uncategorized

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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

By Marian McPherson | December 9, 2019 - 5:39 pm |December 9, 2019 Uncategorized

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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

By Patrick Kearns | May 14, 2019 - 2:16 pm |May 14, 2019 Uncategorized

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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 →