Housing Market News
Market Tracker
2017 Closed with Strong Home Price Growth, Up 7 Percent in December
2017 home sales increased 1.7 percent over 2016, while prices gained 7.0 percent. The median 2017 sale price was $284,500.
What Happens to the Real Estate Market When Supply Falls for 25 Straight Months?
Home price growth was strong in October, up 7.1 percent compared to a year ago to a national median sale price of $288,000 across the
Home Sales Fell 8.1 Percent in September, Third Month in a Row of Declining Sales
Home sales fell 8.1 percent compared to last year, the largest decline posted since July 2016, and the third month in a row with declining sales.
Home Prices Surged 7.7 Percent in August as Inventory Fell 12.4 Percent
Home sales in August fell 5.5 percent compared to last year, the largest decline posted since July 2016.
Home Sales Fell 3.5 Percent in July, the 22nd Consecutive Month to Post an Inventory Decline
Home prices increased 6.8 percent from last year
Home Prices and Buyer Competition Hit New Highs in June as Inventory Drought Dragged into 21st Consecutive Month
The median home sale price increased 7.3 percent from a year ago to $298,000 in June. This is the highest national median sale price recorded
Fewer Homes for Sale in September; Declining Number of Listings Holds Back Home Sales
New listings of homes for sale fell 9% from a year earlier and closed home sales were down 5%.
Home Sales Fell 6% in August, the First Annual Decline in 15 Months
However, home prices were up 16%, and new listings posted their first year-over-year decline since February, which could signal a tightening market.
July Marked 12 Straight Months of Double-Digit Price Increases
Still, housing market conditions improved slightly for homebuyers as competition eased off from the records set in June.
Home Sales Dipped 1.2% From May to June, the Largest Late-Spring Decline Since At Least 2012
Still, homes sold at their fastest pace and for their highest prices on record.
Over Half of Homes Sold Above List Price in May for the First Time On Record
Home prices were up 24%, a record high due to the dip in home prices at the start of the pandemic a year earlier.
Buyers in Indianapolis, Omaha and Seattle are Snapping Up Homes in 5 Days or Less
Homes in Portland, OR and Denver are also selling in a handful of days. In Austin, 74% sold above list price. Nationwide, almost half of
