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Articles relating to "Home sales":

New-home sales rise 2.9% in May (6/23/2017)
The U.S. still isn’t producing enough new homes to offset supply shortages, but it’s trying. New-home sales are up 12% year-to-year, according to NAHB.

Fla.’s home sales, median prices up in May 2017 (6/21/2017)
Year-over-year, existing single-family home sales rose 7.6%, median sales price up 7.7% to $239,000. Condo sales up 8%; median sales price up 8.1% to $178,000.

NAR: U.S. existing-home sales rise 1.1% in May (6/21/2017)
Total existing-home sales rebounded after a drop in April, up 2.9% over May 2016. Low inventory helped propel the median sales price to a new high of $252,800.

U.S. housing starts drop for 3rd straight month (6/16/2017)
Construction appears to be transitioning from multifamily to single-family. New housing starts dropped 5.5%, but single-family rose 2.3% as multifamily fell 7.7%.

NAR: Pending home sales down 1.3% in April (5/31/2017)
Pending sales slumped for the second consecutive month. NAR economist cites significantly weak supply levels, deteriorating affordability and too few new homes.

Home price rise strongest in nearly three years (5/31/2017)
S&P CoreLogic Case-Shiller: U.S. home prices rose 5.8% annually in March as the pace of increases accelerated in 2017. From 2014-2016, they hovered around 5%.

Fla.’s housing market: Median prices up in April (5/24/2017)
Constrained inventory and rising prices remained a prevailing trend with the statewide single-family home median price up 10.3% year-over-year to $234,900; condo median up 7.2% to $172,000.

NAR: Existing-home sales slip 2.3% in April (5/24/2017)
Total existing-home sales dipped 2.3% month-to-month; up 1.6% year-to-year. Median number of days a home was on the market dropped to a new low of 29 days.

NAR: Metro home-price growth heats up 6.9% in 1Q 2017 (5/15/2017)

1Q Fla. home sales up 5.1% year-to-year (5/15/2017)
Condo sales up 7.6% compared to 1Q 2016. Single-family home median price up 10.7% to $226,000 for the quarter; condo median price up 9.2% to $167,000. NAR: U.S. metro home-price growth heats up 6.9% in 1Q.

Many metro areas stuck in a recession time warp (5/3/2017)
The U.S. housing market is going strong, but the statistics hide one fact: Some metro areas have seen strong, rising home prices, but average numbers are offset by other areas that haven’t gained as much traction.

Pending home sales dip 0.8% in March (4/27/2017)
Even with a slight dip, NAR’s home sales index was at its the third-highest level over the past year; and the South, which includes Fla., saw an increase.

March new-home sales climb to 8-month high (4/25/2017)
U.S. new home sales rose notably higher (5.8%) last month as more American homeowners decided to move up into a newly built home – a positive sign for the broader economy.

Reports: Homes sell faster, close quicker (4/25/2017)
Average time for homes to change hands: 73 days. 48% of listings go under contract in less than 30 days, says NAR, while Ellie Mae says it takes 43 days to close.

U.S. home sales jump 4.4% – hit 10-year high (4/21/2017)
March’s sales pace is 5.9% higher year-to-year and 4.4% month-to-month (seasonally adjusted). Single-family home prices rose 6.8% year-to-year.

Fla. home sales up 9.3% year-to-year in March (4/21/2017)
“March’s strong sales likely were influenced by buyers ready to take action before interest rates could move higher,” says 2017 Florida Realtors President Maria Wells. The single-family average price, $231,900, was up 10.4% year-to-year.

NAR: Feb.’s pending home sales leap 5.5% (3/29/2017)
Pending home sales rebounded sharply to the highest level in nearly a year and second-highest in over a decade. “The stock market’s continued rise and steady hiring in most markets is spurring significant interest in buying,” says NAR economist Yun.

NAR: Existing-home sales stumble in February (3/22/2017)

Fla.’s housing market continues to see rising prices in Feb. (3/22/2017)
Tight supply still an issue: Single-family home median price up 12.5% year-to-year to $225,000 as sales stayed relatively flat. Condo median price up 11.7% to $167,500; sales up 4.1%. Total U.S. sales down 3.7% month-to-month, up 5.4% year-to-year.

Single-family housing starts hit highest level in 10 years (3/16/2017)
Single-family production increased 6.5%, “consistent with rising builder confidence in the housing market,” says NAHB president. Multifamily dropped 3.7%.

NAR: Pending home sales weaken in Jan. (2/27/2017)
A tight listing inventory translated into 2.8% fewer homes under contract, due largely to drops in the West and Mid-West. In the South, pending sales rose 0.4%.

Fla.’s housing market: More sales, rising prices in Jan. (2/22/2017)
Positive trends: Single-family home sales rose 5.2% year-to-year, median price up 10.1% to $220,000. Condo sales rose 6.2% and median price up 6.6% to $161,000.

NAR: Existing-home sales jump in January (2/22/2017)
National existing home sales increased in Jan. to the fastest pace in almost 10 years, says NAR. Total existing home sales (all types) rose 3.3% month-to-month and 3.8% year-to-year thanks to “robust sales activity,” according to NAR’s chief economist.

Fla.’s housing market ends 2016 with higher prices (2/9/2017)
State’s single-family home sales up 0.9% over 2015, single-family median price rose 12.2% and condo median price was up 6.7%. Fla., NAR 4Q data also showed rising median prices, with national single-family home median price up 5.7% from 4Q 2015.

NAR: Gains in 4Q push home prices to peak levels in most metros (2/9/2017)

Home prices rise 5.3% amid solid demand, tight supply (1/31/2017)
S&P/Case-Shiller: Nov.’s 20-city home index rose 5.3 percent, which is slightly higher month-to-month: Oct.’s gain registered 5.1%.

NAR: Pending home sales bounce back in Dec. (1/30/2017)
In spite of rising mortgage rates and higher home prices, NAR’s Pending Home Sales Index rose 1.6% last month – from 107.3 in Nov. to 109.0 in Dec.

Real Estate Trends: Fla. ‘outperformed’ the U.S. (1/27/2017)
Economists told a standing-room crowd that job creation sparked much of Fla.’s robust real estate rebound. Florida Realtors also unveiled a coming-soon research tool: Home sale statistics broken down by city and zip code.

NAR: Existing-home sales slide in Dec. but 2016 hits 10-year high (1/24/2017)

Fla.’s housing market: Median prices rise in Dec. 2016 (1/24/2017)
The state’s Dec. single-family home sales were up 0.8% year-to-year, the single-family median price rose 9.2% and the condo median price was up 7.7%. NAR: Dec. U.S. home sales eased 2.8% from Nov. but rose 0.7% year-to-year.

Post-disaster, families rebuild bigger, better (1/10/2017)
While a disaster such as a hurricane can decimate real estate values in the short term, the reconstruction process tends to lift values higher over the long term.