NAR: Existing-home sales lose steam in July (8/24/2016)
Fla.’s housing market: Higher median prices in July (8/24/2016)
The median single-family home price ($223,238) rose 11.6% year-to-year and condo prices rose 6.8%. NAR: Challenged by low supply, July U.S. home sales lost momentum and declined 1.6% year-over-year – the first drop since Nov. 2015.
New-home sales climb to highest level in nine years (8/23/2016)
July’s 12.4% spike in new-home sales surpassed predictions. Just 4.3 months’ supply of new homes is available now, a drop from 5.2 months a year ago.
July new home construction climbs to 6-month high (8/16/2016)
Apartment construction (up 8.3%) in the Northeast fueled a jump in home building, pushing the overall seasonally adjusted annual construction rate up 2.1%.
NAR: Home-price gains unfettered in most metros during 2Q (8/10/2016)
Fla. housing’s median prices, new listings up in 2Q (8/10/2016)
Single-family home median price up 10% year-to-year; condo median price up 5.2%; new listings rise in both sectors. NAR: Median prices show gains in most metros in 2Q - national single-family home median price up 4.9%.
NAHB: Demand strong in the 55+ market (8/5/2016)
AHB chief economist: “Much like the overall housing market, this quarter’s 55+ HMI results show that this segment continues its gradual, steady recovery.”
NAR: Pending home sales marginally rise in June (7/27/2016)
NAR: Index inched 0.2% higher to 111.0 in June – 1% more than a year ago. Supply and affordability constraints hampered activity despite very low mortgage rates.
U.S. home prices rise at steady pace as sales heat up (7/26/2016)
Case-Shiller: In May, the 20-city home price index rose 5.2% year-to-year due to rising sales and a dwindling supply. The index is just 8.8% below its 2006 peak.
Fla.’s housing market: Rising median prices in June (7/21/2016)
Single-family home median price of $225,000 is up 10.8% year-to-year; condo median price up 8.6%. NAR: Sparked by more first-time buyers, U.S. home sales up 3% over June 2015 and 1.1% over May’s sales.
NAR: Existing-home sales up again in June, first-time buyers provide spark (7/21/2016)
What moms want in a house (7/18/2016)
Years ago, it was square footage and a yard; now, families’ wish lists include open floor plans, garage access, built-in storage, a ‘mud room’ and an office nook.
NAR: Pending sales slow a bit in May (6/29/2016)
After steady increases for three straight months, pending home sales eased in May. The drop is small year-to-year, but it’s the first decline in almost two years.
Fla.’s median prices, sales, listings rise in May (6/22/2016)
Single-family home median price up 9.2% year-to-year; condo median price up 4.4%; sales, new listings also rise. NAR: U.S. home sales at highest pace in over 9 years - up 4.5% over May 2015 and 1.8% over April’s sales.
NAR: Existing-home sales up – highest pace in over nine years (6/22/2016)
NAR: Pending home sales at a 10-year high (5/26/2016)
Consumers are buying homes. NAR’s monthly gauge of homes under contract rose for the third straight month in April to a level not seen since Feb. 2006.
NAR: Existing-home sales rise in April for 2nd straight month (5/20/2016)
Fla.’s housing market: Median prices, new listings rise in April 2016 (5/20/2016)
Single-family home median price up 9.2% year-to-year; condo median prices up 4.4% with more new listings in both markets. NAR: U.S. home sales up 6% over year ago.
Fitch: New-home sales should go up 14.6% this year (5/12/2016)
After “a solid spring,” builders should complete 2016 with 11.5% more single-family home starts and 14.6% more sales, according to the financial industry analyst.
Metro home prices maintain steadfast growth in 1Q (5/9/2016)
Fla.’s housing market: Median prices, new listings up in 1Q 2016 (5/9/2016)
Single-family home median price of $203,500, up 11.8% year-to-year; condo median price up 5.5%. NAR: Most U.S. metros show higher median prices from year ago.
In 9% of U.S. markets, an all-cash sale costs more (4/28/2016)
RealtyTrac: In Southwest Fla., cash buyers in two local housing markets paid more for listings than buyers taking out a mortgage – a possible sign of a peak.
Pending home sales up a bit in March (4/27/2016)
Pending home sales increased slightly in March for the second consecutive month, reaching its highest level in almost a year, according to NAR.
Fla.’s housing market: New listings, median prices rise in March (4/20/2016)
State’s single-family home median price rose 10.3% year-to-year; condo median prices are up 3.3% with more new listings in both markets. NAR: U.S. home sales bounced back 5.1% in March.
NAR: Existing-home sales spring ahead in March (4/20/2016)
Study: Little chance Fla. home prices will drop (4/12/2016)
The likelihood of a price decline over the next two years is negligible, according to the Arch MI. Only U.S. states with energy industries have a marginal risk.
Fla. cities at top of luxury home list (4/12/2016)
In a nationwide list of home sales worth over $5M, Fla. has 5 cities in the top 20 list; for home sales over $10M, Fla. has 7 cities with most in South Fla.
How much do local disasters disrupt the market? (4/6/2016)
Gas leaks and localized disasters can send real estate markets into a tailspin. A RealtyTrac study found that a Calif. gas leak caused nearby sales to drop 44%.
NAR: Feb. pending home sales up 3.5% (3/28/2016)
The index that gauges U.S. homes under contract rose to its highest level in seven months, and it would probably be higher if the market had more listings.
Fla.’s housing market: Median prices rise in Feb. (3/21/2016)
State’s single-family home median price of $200,000 up 11.1% year-to-year; condo median price up 5.6%. NAR: U.S. home sales down last month from year ago.
NAR: Existing-home sales fizzle in February (3/21/2016)
Where are the nation’s second homes? (3/14/2016)
NAHB studied second-home ownership, and a majority are in retirement states. While Ariz.’s Maricopa County led the total-number list, four Fla. counties followed.
NAR: Pending home sales cool in Jan. (2/29/2016)
The number of U.S. homes under contract rose 1.5% year-to-year but fell 2.5% month-to-month. Two reasons for a drop: Higher prices and not enough homes for sale.