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Articles relating to "Home sales":

Home starts fall in July – but mainly multifamily (8/16/2017)
Housing starts fell 4.8% as builders struggled to find workers, though the lion’s share of that drop occurred in the multifamily component that dropped 17.1%.

NAR: U.S. home prices jump 6.2% in 2Q (8/16/2017)
It’s the highest median quarterly price and a new peak thanks to supply shortages. NAR’s chief economist continued to ramp up his criticism, saying there is a “glaring need” for more new construction as “would-be buyers are priced out of the market.”

Fla. home sales, median prices up in 2Q 2107 (8/9/2017)
Florida Realtors data: Single-family home sales up 3.7%, median price up 9.1% year-over-year. Condo sales up 3%, median price up 7.4%

NAR: Pending sales recover in June, up 1.5% (7/31/2017)
After declining for three straight months, pending home sales reversed course in June. All regions except for the Midwest saw increased contract activity.

ATTOM: Homeowner equity hits 10-year high (7/27/2017)
It’s a good time to sell. Sellers’ home equity increased 45.3% in South Fla., but the Fla. metro with the lowest equity growth still saw a healthy 25.4% increase.

New-home sales improved modestly in June (7/26/2017)
The Commerce Dept. said new-home sales rose a healthy 10.9% so far this year – a sign that more would-be buyers are seeking newly built property.

Home prices hit record high for sixth time in 6 months (7/25/2017)
The Standard & Poor’s CoreLogic national home price index increased 5.6% in May, the latest data available. It’s now 3.2% higher than its July 2006 peak.

NAR: June home sales up 0.7% year-to-year as inventory tightens (7/24/2017)
U.S. home prices rose 6.5% year-to-year, though sales declined 1.8% from May to June. The supply of available U.S. homes “remains stuck at a meager level” and price growth is straining buyers’ budgets,” says NAR’s chief economist.

Fla. housing market: Higher prices and more sales in June (7/24/2017)
Florida Realtors’ June home report found that single-family sales grew 4.3% year-to-year as median prices rose 8.9%.

Housing starts rebound 8.3% in June to four-month high (7/19/2017)
In May, experts wondered if the drop in housing starts was an anomaly, and June’s surge suggests that it was. In addition, building permits rose 7.4%.

Report: Buy a home now before prices go even higher (7/11/2017)
There’s little chance Fla. home prices will decline over the next two years, according to the Arch risk report even in S. Fla. where the risk is a bit higher overall. Economist’s advice: Buy now. Home prices and interest rates should only go higher.

NAR: Pending home sales down again in May (6/28/2017)
Ongoing supply shortages are pushing home prices higher in many metro areas and impacting pending home sales, which slumped for the third consecutive month.

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.

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.

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: 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.

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.

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.

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.

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

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.

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.

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.

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.

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.

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.

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.

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

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.