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.”
U.S. new-home sales in May climb to best levels since 2008 (6/23/2015)
Sales rose 2.2% in May to a seasonally adjusted annual pace of 546,000 and it’s up 24% year-to-date. The supply of new homes was 4.5 months in May.
NAR: Existing-home sales bounce back strongly in May (6/22/2015)
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.
Home starts drop in May but building permits surge (6/16/2015)
An April uptick in home starts was hard to beat; May numbers decreased by 11.1%. But building permits – a sign of future activity – hit highest level since 2007.
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.
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%.
NAR: Existing-home sales spike in March (4/22/2015)
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.
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%.
NAR: Existing-home sales cool in Jan. as inventory remains low (2/23/2015)
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.
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.
Home-price growth slightly accelerates in 4Q 2014 (2/11/2015)
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.
NAR: Pending home sales stall in Dec. (1/29/2015)
Year-to-year, Dec. pending home sales rose 6.1%, which is an 18-month high. However, NAR also reported a 3.7% month-to-month decline over Nov. numbers.
Shrinking inventory may raise prices again (1/28/2015)
It’s supply-and-demand: If U.S. home inventory drops and the number of buyers increases, prices could rise. In Fla., listings declined 2% from Nov. to Dec.
Fla. real estate sales, listing, prices up in 2014 (1/23/2015)
“In Dec. and throughout 2014, we’ve seen positive signs that Fla.’s housing sector is on a steady, sustainable path,” says Florida Realtors Pres. Andrew Barbar.
Existing-home sales rebound in Dec., 2014 total sales down 3% (1/23/2015)
Forecast: 2015 Fla. economy, housing market strong (1/22/2015)
Florida Realtors Summit: Economist says last year’s Wall Street Journal headline may be correct: “Has Florida found the secret to saving the economy?”