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
Pending Home Sales Jumped 2.5% in September, the Biggest Monthly Increase in Over a Year and a Half
Pending sales rose 2.5% month over month as mortgage rates hit a two-year low and the Federal Reserve cut interest rates. Rates have since ticked
Existing Home Sales, Pending Sales Fall to Lowest Level Since Pandemic Start as House Hunters Wait for Mortgage Rates to Drop Further
Sales of existing homes dropped 1% month over month in August to a seasonally adjusted annual rate of 4 million, while pending sales fell 2%.
Existing Home Sales Rose 0.6% Last Month, But Were At the Lowest July Level on Record
Sales of existing homes fell 2% year over year to a seasonally adjusted annual rate of 4.1 million in July. Pending sales were down 3%
Cold Feet: Buyers Backed Out of Deals at Record Rate in June as Home Prices Hit All-Time High
About 56,000 home purchases were canceled, equal to 15% of homes that went under contract—the highest percentage of any June on record. Buyers are skittish
Home Sales Fell to One of the Lowest Levels on Record in May
There have been only two months in the past decade with fewer home sales. High home prices, elevated mortgage rates and an ongoing housing shortage
U.S. Home Prices Hit an All-Time High in April
The median home sale price rose 6% year over year to $434,000 as a lack of new listings buoyed prices. The total number of homes