- Sales of Existing Homes Slump as Prices and Mortgage Rates Riseby Keith Griffith on April 18, 2024 at 4:45 pm
The number of existing-home sales dropped 4.3% in March from February as homebuyers grappled with rising prices and mortgage rates. The post Sales of Existing Homes Slump as Prices and Mortgage Rates Rise appeared first on Real Estate News & Insights | realtor.com®.
- New-Home Construction in March Plunges Unexpectedly in Troubling Sign for Homebuyersby Keith Griffith on April 16, 2024 at 3:27 pm
Privately owned housing starts dropped 14.7% in March, the largest monthly decline since the onset of the COVID-19 pandemic in April 2020. The post New-Home Construction in March Plunges Unexpectedly in Troubling Sign for Homebuyers appeared first on Real Estate News & Insights | realtor.com®.
- Pending Home Sales Surge in the Midwest, but Slump in Pricier Regionsby Keith Griffith on March 28, 2024 at 3:35 pm
Pending home sales data for last month show monthly gains in the Midwest and South and a pullback in the higher-priced Northeast and West. The post Pending Home Sales Surge in the Midwest, but Slump in Pricier Regions appeared first on Real Estate News & Insights | realtor.com®.
- Home Prices Hit New Record High in January, Says Case-Shillerby Keith Griffith on March 26, 2024 at 3:54 pm
Nationwide, home prices rose 6% in January from a year earlier, the biggest year-over-year increase since November 2022. The post Home Prices Hit New Record High in January, Says Case-Shiller appeared first on Real Estate News & Insights | realtor.com®.
- New-Home Prices Fall to Lowest Level in 3 Years as Builders Appeal To Buyers Amid High Mortgage Ratesby Keith Griffith on March 25, 2024 at 5:30 pm
The median sales price of new homes dropped 7.6% on an annual basis in February, to $400,500, its lowest level since June 2021. The post New-Home Prices Fall to Lowest Level in 3 Years as Builders Appeal To Buyers Amid High Mortgage Rates appeared first on Real Estate News & Insights | realtor.com®.