Trends

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CoreLogic: Pace of home-price increases slows for fourth month in a row in August 

Looking ahead, CoreLogic expects the year-over-year pace of home-price appreciation to slow to 3.5% by August 2023. 

American Home Shield: Average home sizes vary dramatically across the U.S.

The average median home size varies drastically across the country, according to American Home Shield’s 2022 American Home Size Index.

NAR: 2022 Member Safety Report for residential real estate

While 23% of residential Realtors claim they have feared for their safety while on the job, 98% reported that they have never been the victim of a crime while at work.

New-home sales post unexpected rebound in August 

Sales of new homes in the U.S. jumped 28.8% between July and August, according to the U.S. Census Bureau and the U.S. Department of Housing and Urban Development.  

Miami named one of the most popular cities to move to during the first half of 2022

Miami had one of the highest ratios of people moving in vs. those moving out during the first half of the year, a recent analysis found. 

NAR: Existing-home sales fell in August while prices rose 

The median existing-home price for all housing types in August was $389,500, a 7.7% rise from the year before. 

NAR: Charitable giving by REALTOR® associations increased 20% in 2021

The NAR’s Community Aid and Real Estate (CARE) Report shows that REALTOR® associations donated a median of $12,070 this past year, a 20% increase over 2020.

Housing starts surprise to the upside in August 

New-home construction posted a 12.2% month-over-month increase in August, thanks in large part to a significant jump in multifamily building.  

Builder confidence falls for ninth consecutive month 

A continuing combination of increased interest rates, supply-chain disruptions and high home prices has sapped homebuilder sentiment every month this year. 

30-year fixed tops 6% for first time since 2008 in latest MBA survey 

Mortgage applications declined 1.2% during the week ended Sept. 9, according to the Mortgage Bankers Association’s Weekly Mortgage Applications Survey. 

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