By the Numbers

NAR: Existing-home sales rebound in September
NAR: Existing-home sales rebound in September

The median existing-home price for all housing types in September was $352,800, up 13.3% on an annual basis, as every region in the country registered price increases.

New-home construction cools in September
New-home construction cools in September

The decrease was driven by a 5.1% month-over-month slide in the rate of multifamily starts, while single-family construction was flat.

RE/MAX: Miami housing market takes a pause in September 
RE/MAX: Miami housing market takes a pause in September 

Active inventory fell 6.8% to 19,683 from August, and months supply of inventory slid 11.9%, according to RE/MAX’s National Housing Report for September. 

Asking prices reach an all-time high as the market cools
Asking prices reach an all-time high as the market cools

Asking prices for homes reached an all-time high in September, despite pending sales and new listings cooling.

Mortgage rates spike at the end of September
Mortgage rates spike at the end of September

Mortgage rates rose quickly last week. The 30-year fixed mortgage rate hit 3.01%, up 0.13% from the week prior.

NAR: Pending home sales rebound in August
NAR: Pending home sales rebound in August

All four geographic regions saw increases, led by the Midwest, which clocked a 10.4% rise from July, and the South, where sales rose 8.6%. Pending transactions rose 7.2% in the West and 4.6% in the North.

S&P CoreLogic Case-Shiller: Home-price gains set fourth record in a row
S&P CoreLogic Case-Shiller: Home-price gains set fourth record in a row

The 10-city composite index rose 1.4% on a monthly basis and 19.1% on a yearly basis, while the 20-city composite gained 1.5% monthly and 19.9% annually. 

New-home sales rise in August
New-home sales rise in August

The seasonally adjusted estimate of new houses for sale at the end of July was 378,000, representing a supply of 6.1 months at the current sales rate.

Miami tops list of most popular U.S. migration destinations
Miami tops list of most popular U.S. migration destinations

Miami has emerged as the most popular migration destination in the U.S., according to a recent Redfin report.

Surge in multifamily construction drives housing starts in August
Surge in multifamily construction drives housing starts in August

The increase was driven by a 21.6% month-over-month spike in the rate of new multifamily construction. Single-family housing starts, meanwhile, slid 2.8%.

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