Housing Market News
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
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 Show Expected Monthly Decline in September; Up 16 Percent Year Over Year
Sales Volume also Experienced a Sharp but Anticipated Seasonal Decline from August; Up 8 Percent Since September 2012 The housing market frenzy of 2013 has