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.
Home prices rose in January by most in 2½ years (3/28/2017)
U.S. home prices jumped 5.7 % from a year earlier at the fastest pace since July 2014, as a tight supply of houses for sale spurred bidding wars in many cities.
U.S. new home sales rise despite higher mortgage rates (3/23/2017)
Commerce Dept.: New home sales rose 6.1% in Feb. to the fastest pace since July, up about 13% from a year ago. Builders also have ramped up new-home construction.
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)
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.
NAR: Pending home sales a tiny bit higher in Oct. (11/30/2016)
Oct. saw a meager gain in the number of homes under contract but not yet sold despite a limited number of listings and a steady increase in prices.
NAR: Existing-home sales jump again in Oct. (11/22/2016)
Fla.’s housing market: Median prices continue to rise in Oct. 2016 (11/22/2016)
The state’s single-family home median price rose 11.7% over Oct. 2015; condo median price up 8.1%. NAR: Total U.S. home sales in Oct. up 5.9% year-to-year.
Fla.’s housing market: Median prices higher in 3Q (11/3/2016)
Median Fla. sales prices up 12.5% for single-family homes and 6.7% for condos year-to-year as distressed property sales continue to drop. NAR: Continued listing shortages boosted price growth in 3Q; U.S. single-family home median up 5.2% over 3Q 2015.
NAR: Housing supply crunch accelerates metro home price growth in 3Q (11/3/2016)
NAR: Pending home sales up in Sept. (10/27/2016)
Despite a tight inventory of for-sale homes for sale, 1.5% more buyers signed contracts in Sept. The contract-signing rate has increased in 22 out of the past 25 months.
NAR: First-time buyers steer existing-home sales higher in Sept. (10/20/2016)
Fla.’s housing market: Median prices rise in Sept. (10/20/2016)
Year-to-year, median Fla. sales prices rose 11.3% for single-family homes and 6.7% for condos – the 58th month-in-a-row for higher median prices. NAR: Total U.S. home sales rose 3.2% month-to-month and first-time buyer percentages hit a 4-year high.
CoreLogic: Fla. ranks third for all-cash sales (10/3/2016)
Cash sales accounted for 40.6% of Florida home sales in June, according to CoreLogic, ranking the state No. 3 nationwide after New York and Alabama.