Current Market Data
Working from home as an ongoing trend will greatly change the landscape of where people buy homes, according to NAR Chief Economist Lawrence Yun.
Along with the resurgence of COVID-19 cases and local shutdowns, mortgage delinquencies are on the rise.
This year’s release of the CREW Network’s benchmark study shows some backsliding in the industry, though there were a few bright spots as well.
CoreLogic’s latest HPI Forecast shows annual home price growth slowing through July 2021, reflecting the anticipated elevated unemployment rates during the next year.
Nationwide sales of new single-family homes were at a seasonally adjusted rate of 901,000, up 13.9% from last month and 36.3% higher than July 2019.
Tampa and Orlando are becoming destination cities for those looking to relocate. Could Miami be next?
New apartment construction for Miami drops by 53% in 2020, according to a new study.
Americans are moving to less densely populated areas as a result of the pandemic, foreshadowing a shift that could have a major impact on residential real estate sales and home prices.
All four regions in the U.S. experienced year-over-year and month-over-month growth in pending home sales, according to the National Association of Realtors.
Palm Beach County total home sales, median prices and pending sales all showed year-over-year increases in July, according to the MIAMI Association of Realtors.
The U.S. index reached a new record high in June as demographic and economic factors continued to push home prices upward. However, month-over-month growth is beginning to show signs of slowing.
Consumer confidence took another hit in mid-August, dropping to 84.8 from 91.7 in mid-July, according to the Conference Board Consumer Confidence Index, conducted by Nielsen.
Sales of existing homes set another record in July, rising 24.7%, while median home prices surpass $300,000.
Luxury home prices listed on Redfin rose 1.2% in early summer, according to a new report.
Nationwide, the rebound is in full swing with sales experiencing their best month in the history of RE/MAX’s National Housing Report.
New housing starts numbers suggest that if you can’t buy it, then build it, according to one economist.
