Housing Market

Starter-Home Sales Up 4% as Demand for Higher-Priced Options Stumbles

The median sale price of starter homes hit a record $260,508 in August, up 2.2% from a year earlier. Starter-home sales grew 3.8% year over year, rising for the 12th consecutive month to the highest August level in three years. In comparison, sales of mid- and high-price homes fell 0.6% and 1.2% respectively.  Providence, RI […]
Luxury Market

August’s Most Expensive Home Sales: Rosie O’Donnell’s Former Miami Mansion, Kauai Compound Once Owned by Julia Roberts

Four of last month’s most expensive sales were in coastal Florida, and one was a Beverly Hills estate previously home to billionaire real estate developer Rick Caruso.  A Beverly Hills estate previously owned by billionaire real estate magnate and 2022 Los Angeles mayoral candidate Rick Caruso was the most expensive home sale of August, fetching […]

U.S. Home Prices Ticked Up 0.2% in August

U.S. home prices rose 0.2% from a month earlier in August on a seasonally adjusted basis. On a year-over-year basis, home prices rose 3.1%, the slowest rate recorded in Redfin Home Price Index (RHPI) data going back to 2012. 26 of the 50 most populous U.S. metros saw month-over-month price declines. U.S. home prices rose […]
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