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Articles relating to "Home sales":

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.

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.

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.

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.

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.

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