Current Market Data
As 2018 winds down, so too have several leading indicators of home sales activity: New and existing home sales, builder sentiment, price growth and more have taken a turn for the worse in the closing months of the year.
The latest report on pending home sales recorded in October, released today by the National Association of Realtors, showed more signs of a short-term slowdown. NAR’s pending home sales index declined by 2.6 percent last month compared to September,
The latest reading of the U.S. housing market — the S&P CoreLogic Case-Shiller Home Price Index for Sept. 2018 — showed yet another sign of sluggish price growth. S&P’s key 20-city composite index showed that home prices in the
There is a growing trend throughout several markets involving property listings that don’t appear on that market’s multiple listing system. The idea around private listings, or pocket listings, office exclusives or a number of other names, has been known
After six months of declines, existing home sales posted a month-to-month increase in October, according to the October report from the National Association of Realtors. Total existing home sales rose 1.4 percent from September to 5.22 million single-family homes,
The most recent data from the U.S. Census Bureau and the U.S. Department of Housing and Urban Development on home construction activity sent mixed signals for next year’s homebuilding outlook. While the number of housing starts grew 1.5 percent
Heading into the winter months, many Americans are seeing the housing market cool off. According to ValueInsured’s Q4 2018 Modern Homebuyer Survey, 75 percent of Americans believe their local housing market is cooling off. Additionally, 67 percent of those
Miami home market was booming in the third quarter as both sales and median prices saw significant gains, according to the Miami Association of Realtors latest report. However, the association notes that third quarter sales from last year include
While home price growth has slowed, many are still unable to afford a home in some of America’s biggest cities. But Realtor.com may have a few suggestions. In a recently published survey, Realtor.com listed the best neighborhoods to find
Despite the general trend toward a fall slowdown, pending home sales rose slightly in September compared to August. The National Association of Realtors reports that the pending home sales index rose 0.5 percent from 104.1 in August to 104.5
Reports out this week from three different South Florida brokerages paint a mostly positive picture for the Miami housing market’s performance in the third quarter of 2018. The reports from Brown Harris Stevens, Douglas Elliman and The Keyes Company
It would take the average American seven years to save up enough to make a down payment on a typical home, according to Zillow’s latest report. This is longer compared to 20 years ago when it took the average
Existing home sales declined to their lowest level since November 2015, according to the September National Association of Realtors existing home sales report. Existing home sales dropped to 5.15 million in September, a 3.4 percent drop from August and
Thanks to rising home values, more American homeowners are looking to tap into home equity that continues to grow, according to a recent survey conducted by Bankrate.com and research firm GfK f. But even though leveraging home equity into
As home prices continue to rise across the country, homeowners appear ready to sell their homes. A record 77 percent of Americans believe that now is a good time to sell their home, according to the National Association of
Miami-Dade County home sales rose 13.3 percent year-over-year with single-family homes and condominium markets posting double-digit growth, according to a new report by the MIAMI Association of Realtors. Total Miami home sales increased 13.3 percent – from 2,158 to
