Housing Market News

Prices Hold Strong as Home Sales Drop in November
With gas prices low and consumer confidence at the highest reported level in seven years, there was a lot to be cheery about heading into the holiday home-buying season. However, positive consumer sentiment did not translate into more real estate transactions last month as the number of homes sold plunged 21 percent in November versus October and was down 5 percent from this time last year.

Home Sales Up 2.2% in October, So Why Now?
The number of homes sold was up 2.2 percent year over year in October, making it the first month of 2014 during which home sales
Newly Listed Homes Fall an Unexpected 9.3% in August
A surprising drop in newly listed homes combined with strong homebuyer demand could suggest that home prices will spike upward this fall as they did much of last year. Not so…
Listing Price Drops Will Help Drive a Fall Surge in Home Sales
Homebuyers who have been willing to wait for better deals are starting to be rewarded for their patience, as sellers drop listing prices to meet buyers’ more value-focused expectations.
Four Reasons the Housing Market Could Improve in the Second Half of 2014
While the Fed says the housing market has “lost traction,” Redfin expects the market in urban areas to regain its footing in the second half of 2014.

Prices, Sales Volume, and Inventory Decline in September
The housing market frenzy of 2013 has officially come to a close. In line with normal seasonal trends, home sales, prices, and inventory all dropped
Home Prices and Sales Ended 2018 Not With a Bang, But a Whimper
December home sales fell 11 percent as prices turned in their smallest gain in over six years. Boston and San Jose both saw prices decline

Housing Inventory Up 5% in November—Fastest Growth in 3 Years—as Sales Decline 8%
Prices post sub-4% growth for third consecutive month Balance of supply and demand is shifting toward homebuyers’ favor in markets like San Francisco, Seattle, Denver,

Nearly One in Three Homes For Sale in October had a Price Drop—Highest Level Since at Least 2010
Home Inventory Continues to Grow as Sales Decline 6% Year over Year U.S. home-sale prices increased 4.5 percent in October compared to a year ago,

Akron, Richmond and Buffalo Among the Eight Inland Housing Markets that are Heating Up as the Coasts Cool
While expensive coastal markets on the coasts like Seattle and San Jose are cooling off, with homes lingering on the market longer than this time
Housing Inventory Crunch Finally Subsides as Supply Posts First Annual Gain in Nearly Three Years
September Home Sales Slump, Prices Post Smallest Increase Since the Market Bottomed in 2012
Home Prices Up 4.7% in August, Lowest Price Growth in Four Years
August Home Sales Fell 2.4%, as Inventory Declined Just 3.4% from Last Year