Existing home sales during July recorded a 2% month-over-month upswing to a seasonally adjusted annual rate of 4.01 million, according to the National Association of Realtors (NAR). On a year-over-year measurement, sales were up by 0.8%. The sales increase was matched...
Approximately 58,000 home purchase agreements were canceled in July, according to new data from the Rocket Companies (NYSE: RKT) division Redfin. The rate of cancelations accounted for 15.3% of homes that went under contract last month, up from 14.5% one year ago....
Roughly 1.4 million residential properties, or about 1.3% of all US homes, were vacant during the third quarter, according to data from ATTOM, which also found 7,519 pre-foreclosure homes, or 3.38% of the 222,318 properties in the process of foreclosure, were “zombie”...
The quantity of single-family built-for-rent construction (SFBFR) declined during second quarter, according to a National Association of Home Builders (NAHB) analysis of US Census Bureau data. During the second quarter, approximately 12,000 SFBFRs were started, down...
July home sales reversed a five-month growth trend with a slight 0.7% month-over-month decline, according to the latest REMAX National Housing Report. One year-over-year basis, sales were up 0.6%, although sales took longer to complete – an average of 44 days on the...
Beyond Inc. (NYSE:BYON), the Murray, Utah-based parent company of the Bed Bath & Beyond brand, announced that its return to brick-and-mortar retailing will not include California. Marcus Lemonis, executive chairman of Bed Bath & Beyond, issued an online...
