Highlights: National housing market indicators show housing market activity improving overall. The pandemic has seen one of the tightest housing markets in a long time. Home prices in the U.S. have climbed at a record pace during the pandemic, with many homes selling above their asking price. Buyer demand still outpaces the supply.
National housing market indicators as of August showed housing market activity improving overall. The pandemic has seen one of the tightest housing markets in a long time. Now, after hitting a 40-year low, the housing market is slowly seeing an increase in inventory. Home prices in the U.S. have climbed at a record pace during … Read more
Highlights: The five-month streak of record-setting home prices has ended, and the home supply is beginning to inch up. The median home sale price was $362,750 and did not set a new, record high for the first time since early March. Trends for home prices, sales, and new listings are beginning to resemble the typical … Read more
The five-month streak of record-setting home prices has ended, and the home supply is beginning to inch up. The median home sale price was $362,750 and did not set a new, record high for the first time since early March. Instead, the median price was basically flat (-0.2%) from the four-week period ending July … Read more