Home prices rose 4.9% in May, lifted by strong sales (7/28/2015)
Standard & Poor’s/Case-Shiller: 20-city home price index increased 4.9% year-to-year, though it’s a slight drop from April’s 5% pace.
U.S. new-home sales hit June slump (7/24/2015)
A 6.8% drop in new home sales surprised analysts. Some talked about a cooling market, but NAHB says it still sees solid traffic and a lot of consumer interest.
RealtyTrac: June cash sales down, FHA loans up (7/23/2015)
Overall, the U.S. is a real estate market in transition as investors back off purchases and owner-occupants step up.
Fla.’s housing market: More closed sales, rising prices in June 2015 (7/22/2015)
Florida Realtors: Single-family sales up 19.6% year-to-year as prices rose 10%. NAR says U.S. median sales prices are at an all-time high with sales up 9.8%.
NAR: Existing-home sales rise in June, prices surpass 2006 (7/22/2015)
Existing-home sales increased in June to their highest pace in over eight years.
June home starts surge – highest pace in 28 years (7/17/2015)
A 9.8% jump in home starts beat analysts’ expectations. However, builders appear to be betting on renters. Multifamily starts rose 28.6%; single-family fell 0.9%.
RealtyTrac: Rental returns down in 59% of U.S. counties (7/9/2015)
Counties in Jacksonville had year-over-year increase in potential rental returns; analysis found buying a home is more affordable than renting in 66% of U.S. counties.
More homeowners warm up to idea of selling (7/9/2015)
Fannie Mae survey: Thanks to job and income growth, more Americans (52%) think it’s a good time to sell a home, which could ease tight inventory conditions.
U.S. home prices still going up – but not as fast (6/30/2015)
S&P/Case-Shiller found a 4.6% year-to-year price increase in April – a bit less than the March rate. But not all cities fared the same; Miami had a 7.5% increase.
NAR: May’s pending home sales hit nine-year high (6/29/2015)
NAR’s chief economist says it’s “encouraging to now see a broad-based recovery with all four major regions showing solid gains from a year ago.”
Fla.’s housing market: Prices up, inventory tighter (6/22/2015)
Florida Realtors May report: Single-family sales up 7.7% year-to-year, price up 11.1%; condo price up 9.7%. U.S. single-family sales up 9.7% year-to-year.
NAR: Existing-home sales bounce back strongly in May (6/22/2015)
Builder confidence hits yearly high in June (6/15/2015)
Buyers are excited about new homes again, according to this month’s builders survey that finds an uptick in “serious and committed buyers at their job sites.”
Delaying homeownership could be costly decision (6/4/2015)
Wealth effect: Over 30 years, an average homebuyer would accumulate about $217,726 in today’s dollars relating to the purchase, a Realtor.com analysis found.
CoreLogic: Home prices move higher in April (6/2/2015)
Tight housing inventory coupled with buyer demand led to a 2.7% month-to-month increase in home prices; year-to-year, prices rose 6.8% – in Fla., 9%.
NAR: Pending home sales at highest level since 2006 (5/28/2015)
April pending sales rose 14% year-to-year – the biggest single-month increase in almost three years – as buyers made offers on a limited number of for-sale homes.
Fla. home prices to rise 4-5% over next 12 months (5/27/2015)
NAR: Realtors in eight states, including Fla., expect a 4-5% price increase over the next year. Colo. Realtors predict even more, and no state expects a decline.
New-home sales jump 6.8% in April (5/26/2015)
A higher-than-expected spike suggests builders have picked up production as buyers, frustrated by a lack of resale inventory, turned their focus to new housing.
NAR: Existing-home sales lose momentum in April (5/21/2015)
Fla.’s housing market: More closed sales, listings in April 2015 (5/21/2015)
Florida Realtors April report: Single-family sales up 17.9% year-to-year, price up 11.4%; condo sales, price rose. U.S. single-family sales up 6.1% year-to-year.
Home prices starting to rise quickly again (5/12/2015)
NAR: In NAR’s latest quarter-to-quarter analysis (1Q 2015 compared to 4Q 2014), twice as many metro areas saw double-digit price appreciation.
NAR: Metro home prices maintain steady growth in 1Q 2015 (5/11/2015)
Fla.’s housing market shows strength in 1Q 2015 (5/11/2015)
Florida Realtors: 1Q single-family sales up 18.6% year-to-year, median price up 8.3%. Condo sales up 7.1%, price up 7.4%. Median price higher in many U.S. metros.
NAR: Majority of metros experiencing widening inequality (5/8/2015)
NAR: 90% of metros have experienced declining homeownership at a time when home values have risen and incomes have remained flat, widening income inequality.
NAR: Pending home sales at 17-month high (4/29/2015)
For the third month in a row, the number of signed U.S. home sale contracts rose. More good news: Owner-occupant buyers appear to be replacing cash investors.
NAHB new-home forecast: Steady now, more next year (4/27/2015)
The builders’ chief economist says 7.4 million home sales were lost to a slow recovery and job uncertainty, but some – no one knows how many – will soon be back.
NAR: Existing-home sales spike in March (4/22/2015)
Fla.’s housing market continues growth trends in March 2015 (4/22/2015)
Florida Realtors March report found a 24.6% year-to-year increase in single-family sales and 9.2% price boost. U.S. sales jumped a higher-than-expected 6.1%.
Housing starts edge up 2% in March (4/16/2015)
The new-home sector continues to rebound, though at a slow pace. Single-family builds rose 4.4% for the month and permits rose 2.1%.
Pending home sales rise 3.1% in Feb. despite weather (3/30/2015)
The number of homes under contract but not yet sold rose nationwide year-to-year; the South and Northeast saw a slight month-to-month decline.
NAR: Existing-home sales slightly up in Feb., price growth gains steam (3/23/2015)
Fla.’s housing market shows positive momentum (3/23/2015)
Florida Realtors’ Feb. data finds more closed sales, pending sales and new listings statewide. Median single-family price rose 9.1% year-to-year; condos up 8.3%.
NAR: Pending sales hit highest level in 18 months (2/27/2015)
NAR’s pending sales report – housing contracts signed by not yet closed – suggests an uptick in closings over the next few months, even with tight inventories.
4Q U.S. home prices rise higher than expected (2/26/2015)
FHFA’s study – considered extremely accurate because it uses same-home prices over time – found almost a 1% increase in Dec. Analysts predicted half that amount.
NAR: Existing-home sales cool in Jan. as inventory remains low (2/23/2015)
Fla.’s housing market continues on a steady track (2/23/2015)
Florida Realtors’ Jan. data finds more new listings and a stable inventory. The median price of a Fla. home is up 7.4% year-to-year; condos rose 5.4%.
Midwest pushes housing starts down 2 percent in January (2/18/2015)
Builders broke ground on fewer single-family homes in Jan., with the major hit, a 22.2% decrease, in the snowy Midwest. Nationwide, housing starts dropped 2%.
U.S. homebuilder confidence slides to 55 in Feb. (2/17/2015)
Builders remain fairly optimistic; but while this month’s confidence score mirrors 2006 and home sales have soared, they’re more skittish about breaking ground.
Home-price growth slightly accelerates in 4Q 2014 (2/11/2015)
Fla.’s housing market continues steady path in 4Q 2014 (2/11/2015)
Florida Realtors Pres. Andrew Barbar: More closed sales, higher median prices and inventory gains showed strength. Nationally, home price growth rose slightly.
The best seasons to sell a home (2/10/2015)
Spring may be thought of as the best season to list a home, but a Redfin analysis found sold prices only vary by a few percentage points regardless of the season.