A new NAR leader, a jaw-dropping data revision and more Britons buying homes. From the wild and wooly world of real estate, here are the Hits and Misses for the week of Aug. 19-23. Miss: Wright or Wrong, Part 1. Nine months after the National Association of Realtors...
A total of 1,482 home sales were recorded in Maine during July, up by 10.93% from one year earlier, according to data from the Maine Association of Realtors. The $399,250 median sales price in July was a 5.07% uptick from the $380,000 in July 2023. Paul McKee, the...
Sales of new single-family houses in July were at a seasonally adjusted annual rate of 739,000, according to estimates released by the U.S. Census Bureau and the Department of Housing and Urban Development. This marked a 10.6% spike from the revised June rate of...
Closed sales of existing single-family homes in Florida statewide totaled 23,353 last month, up 5.2% year-over-year, while existing condo-townhouse sales totaled 8,364, down 1.2% over July 2023, according to data from Florida Realtors. The statewide median sales price...
Home sales across New York were up in July despite a decline in available inventory, according to new data from the New York State Association of Realtors. Last month saw a total of 9,923 closed home sales across the state, up 3.5% from 9,584 units. Pending sales took...
The median monthly mortgage payment was $2,587 during the four weeks ending Aug. 18, according to new data from Redfin (NASDAQ: RDFN). This marked the lowest level since February and a 0.1% dip from one year ago – as well as the first time in four years that monthly...
