A total of 11,308 single-family homes and condominiums were sold in Illinois during April, which marked a 3.4% drop from the 11,705 homes sold one year earlier. According to data from Illinois Realtors, the dip in home sales was seesawed by a rise in inventory – the...
Alabama recorded 5,791 home sales during April, down 6.8% from the prior month but up 10.8% from one year earlier. According to data from the Alabama Association of Realtors (AAR), the state had 19,144 active listings at the end of April, a 27% upswing compared to the...
Closed sales of existing single-family homes in Florida totaled 23,572 in April, down 4.5% year-over-year, while existing condo-townhouse sales totaled 8,710, down 14.8% over the same period. According to data from Florida Realtors, new listings for existing...
Connecticut’s severe lack of housing supply has been a situation several decades in the making, according to a new report from the Connecticut Business and Industry Association (CBIA). The report, titled “The Economic Impact of Connecticut’s Housing Shortage,”...
Closed sales of homes in New York State totaled 6,968 last month, a 6.2% decline from the 7,428 homes sold in April 2024. According to data from the New York State Association of Realtors, pending sales inched up to 9,565 sales in April from 9,471 recorded on year...
Mortgage rates were up in the new Primary Mortgage Market Survey published by Freddie Mac (OTCQB: FMCC). The 30-year fixed-rate mortgage averaged 6.86% as of May 22, up from last week when it averaged 6.81%. A year ago at this time, it averaged 6.94%. The 15-year...
