Current Market Data

Home sales surge ahead of spring

For real estate agents, spring may have arrived early this year. After a string of anemic reports through the winter, home sales numbers picked up across the U.S. in February. The National Association of Realtors reported that existing home

More Americans say now is a good time to buy a home

The state of the U.S. housing market has shifted rapidly in the last few months, but are consumers keeping up? A new survey from the National Association of Realtors makes the case that low mortgage rates and increased inventory

Global wealth growth could offset ultra-lux home glut

Not only are the rich getting richer around the world, more people are joining the illustrious ranks of high- and ultra-high net worth individuals. That’s according to the 2019 Wealth Report from Knight Frank, a real estate and financial

New 2019 housing forecasts reflect brighter outlook

Only three months ago, the consensus among economists studying the U.S. housing market was that 2019 would be, at best, unimpressive. Given prevailing trends at the time, it looked as though rising interest rates would continue driving up the

Jan. existing-home sales leave room to grow

Evidence of slower price appreciation, growing inventory and falling interest rates have boosted economist expectations for U.S. home sales at the beginning of 2019. However, these trends that should entice buyers haven’t yet made an impact when it comes

For-sale inventory snaps 5-year losing streak

Changing tides in the national real estate market are leading to the most widespread inventory increases seen in at least five years. According to data collected by Zillow, for the first time since 2014, the U.S. housing market posted

Low mortgage rates fuel housing market outlook

Only a few months ago, most economists, mortgage lenders and others who closely track the mortgage market assumed interest rates would continue rising through 2019, driving up the cost of home purchases. But several weeks into the new year,

Profit for home sellers hits 12-year high

In a year defined by rising home prices, sellers fared well in 2018, according to a new report from Attom Data Solutions. Based on its analysis of public sales records across metro areas with at least 200,000 residents, the

Price cuts improve affordability for new construction buyers

The residential property market continues to look better for prospective buyers as the trend of falling prices extends into the new construction segment. In the fourth quarter of 2018, according to data from Zillow, more than a quarter of

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December home sales show market headwinds subsiding

The most recent existing home sales report from the National Association of Realtors found sales volumes decline on both a monthly and annual basis in the final weeks of 2018. December home closings touched their lowest annual rate since

Home listing growth accelerates to near 4-year high

At a key moment for the U.S. housing market, Redfin found more evidence that homebuyers are entering 2019 in perhaps the strongest position in years. The number of homes for sale in the nation’s largest markets grew 4.8 percent

Case-Shiller price index flat in October, shifting power to buyers

Conditions continue to improve for homebuyers in many of the largest U.S. cities, according to recent data from S&P CoreLogic’s Case-Shiller National Home Price Index and Redfin. The latest reading of the closely watched Case-Shiller index found home price growth

Existing home sales grow in November on inventory gains

The National Association of Realtors reported Wednesday that existing home sales in November were up 1.9 percent from the previous month. That makes November the second consecutive month of increasing home sales as prices continue to moderate and listings

Houston home prices reach highest levels ever for a November

Even though home sales declined 2 percent in November year-over-year, Houston’s 2018 residential real estate market will still go down in the books as a more productive one than 2017, according to the latest monthly report from the Houston

Why millennials are buying more homes in suburbs than cities

Assumptions about how millennials will spend their money as they progress through adulthood continue to be proven inaccurate, or at least misunderstood. This is particularly true in real estate, specifically the places where Americans now in their 20s and

For-sale inventory records first annual increase since 2008

Housing inventory is steadily recharging around the U.S., giving potential buyers more options. RE/MAX’s latest national housing report found October was the first month to show a year-over-year increase in inventory in nearly 10 years. Compared to one year

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