The national median home price rose 11% year over year to $328,400 in August—the largest annual increase since February 2014.
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For the four-week period ending September 6, home prices were up 13%, pending sales rose 28%, and new listings were 9% higher than the same period in 2019.
The post Home Prices Up 13%, Biggest Increase Since…
iBuyers purchased the fewest homes in more than three years in the second quarter. But now business is making a comeback, with iBuyers seeing a rebound in demand—and even bidding wars—from homeowners who are in search…
Home prices continued to rise—new listings increased slightly, but gains were dwarfed by rise in pending sales.
The post Housing Market Sees Biggest Uptick in New Listings in Almost 2 Years as Pending Sales Surge 21% appeared…
Relatively affordable places including San Antonio and Baltimore have seen housing supply plummet, while San Francisco has experienced a flood of homes for sale as Americans flee dense, expensive cities
The post America’s Housing Shortage Is Intensifying…
The U.S. housing market heated up even more, with home prices and measures of competition charging ahead, unfazed by seasonality during the four-week period ending August 23.
The post Seemingly Invincible, the Housing Market Posts More Strong…
San Francisco has seen a greater increase in price drops than any other U.S. metro, with the share of sellers slashing prices more than doubling from a year ago as the pandemic drives homebuyers out of…
Home prices continued to rise during a time of year that they usually decline, and pending home sales are way up from 2019.
The post Record-Breaking Housing Market Continues: Prices Climb 11%, Pending Sales Up 15% appeared…
A surge in homebuilding before the pandemic is now driving growth in new-home sales. A shift to the suburbs and record-low mortgage rates are also contributing factors.
The post Sales of New-Construction Homes Rebound to Pre-Coronavirus Levels,…
Luxury real estate prices are rising as the coronavirus pandemic drives demand for extra bedrooms, home offices, big backyards and pools
The post Luxury Home Prices Bounce Back, Rising 1.2% in Early Summer appeared first on Redfin…