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Illinois Home Sales Up 7%

Illinois Home Sales Up 7%

by Phil Hall | Feb 25, 2025 | Current News & Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

A total of 7,471 homes were sold in Illinois during January, a 7% year-over-year increase, according to data from Illinois Realtors. The state’s housing inventory was up by 1.5% from one year earlier, with 16,919 homes available for sale. January’s median price of...
S&P/Case-Shiller Index Hits 19th Straight All-Time High

S&P/Case-Shiller Index Hits 19th Straight All-Time High

by Phil Hall | Feb 25, 2025 | Current News & Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

The S&P CoreLogic Case-Shiller US National Home Price NSA Index recorded a 3.9% annual return for December, up from a 3.7% annual gain in the previous month. December’s upswing marked a 19th consecutive all-time high for the index. The 10-City Composite saw an...
Florida Single-Family Home Sales Up While Condo-Townhome Sales Drop

Florida Single-Family Home Sales Up While Condo-Townhome Sales Drop

by Phil Hall | Feb 24, 2025 | Current News & Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Florida’s housing market began 2025 with 15,384 closed sales of single-family homes statewide, up 3.6% from the January 2024 level, according to data from Florida Realtors. The statewide total of 5,787 existing condo-townhouse sales was down 3.7% year-over-year....
New York State Home Sales Up for Second Straight Month

New York State Home Sales Up for Second Straight Month

by Phil Hall | Feb 24, 2025 | Current News & Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Home sales were up for the second consecutive month across New York State, with new listings and median sales prices also on the rise. According to data from the New York State Association of Realtors, closed home sales statewide were up by 3.1% from 7,395 in January...
Report: 2024 Housing Market Gained $2.5 Trillion in Value

Report: 2024 Housing Market Gained $2.5 Trillion in Value

by Phil Hall | Feb 20, 2025 | Current News & Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

The US housing market gained $2.5 trillion in value in 2024 to reach $49.7 trillion, according to a new data report from Redfin (NASDAQ: RDFN). But while the total value of the housing market grew 5.2% year-over-year, this represented the slowest growth in a calendar...
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