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Active Listings Fall Below Pre-Pandemic Levels

Active Listings Fall Below Pre-Pandemic Levels

by Phil Hall | Aug 4, 2023 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Active listings of U.S. residential properties slowed in July for the fourth consecutive month in and fell below pre-pandemic levels for the first time since April 2022, according to new data from Realtor.com. Last month, the active housing inventory was 47.8% below...

Realtor.com: Rent Prices Down 1% in June

by Phil Hall | Jul 25, 2023 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

U.S. residential rent prices were down 1% year-over-year in June, according to new data from Realtor.com. June marked the first year-over-year decrease in rent for one-bedroom units since 2020, following the first such drop in rent for two-bedroom units in May....
US Median Home Price in First Year-Over-Year Decline Since 2017

US Median Home Price in First Year-Over-Year Decline Since 2017

by Phil Hall | Jun 29, 2023 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

The U.S. median home listing price was down by 0.9% year-over-year, according to data from Realtor.com. This marked the first yearly decline since 2017, when Realtor.com began to track this data. In June, the U.S. median list price was $445,000, up from $441,000 in...
Renters Starting to See Some Relief in Housing Costs

Renters Starting to See Some Relief in Housing Costs

by Phil Hall | Jun 26, 2023 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

The median asking monthly rent in the nation’s 50 largest metros dropped by 0.5% year-over-year last month to $1,739, according to new data from Realtor.com, which added that while rent prices increased nationwide by $3 from April, they were still down $38 from the...
Realtor.com: Home Price Growth Slowest on Record

Realtor.com: Home Price Growth Slowest on Record

by Phil Hall | Jun 1, 2023 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

It was a May that was worth forgetting, according to the latest Realtor.com Housing Report that recorded home price growth of only 0.9% year-over-year, the slowest rate since the company began recording this data in 2016. “April and May are historically popular...
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