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Case-Shiller: Home Price Index Up 3.8%

Case-Shiller: Home Price Index Up 3.8%

by Phil Hall | Jan 28, 2025 | Market Snapshot, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

The S&P CoreLogic Case-Shiller US National Home Price NSA Index reported a 3.8% annual return for November, up from a 3.6% annual gain in October. The 10-City Composite saw an annual increase of 4.9%, the same level as in the previous month, while the 20-City...
New Home Sales Up in December

New Home Sales Up in December

by Phil Hall | Jan 27, 2025 | Market Snapshot, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Sales of new single-family houses in December were at a seasonally adjusted annual rate of 698,000, according to estimates from the US Census Bureau and the Department of Housing and Urban Development. This is 3.6% above the revised November rate of 674,000 and is...
New York State Housing Inventory at Historic Low

New York State Housing Inventory at Historic Low

by Phil Hall | Jan 27, 2025 | Market Snapshot, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

New York State’s housing inventory dropped to a historic low while home sales and prices increased. According to date from the New York State Association of Realtors, housing inventory fell 2.6% year-over-year in December to 23,198, the lowest number of homes for sale...
Florida Home Sales Down Nearly 2% in 2024

Florida Home Sales Down Nearly 2% in 2024

by Phil Hall | Jan 24, 2025 | Market Snapshot, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Florida closed 2024 with 252,688 closed sales of existing single-family homes, down 1.9% compared to the 2023 year-end level, according to data from Florida Realtors. For existing condo-townhouses, a total of 94,380 units sold statewide last year, down 10.5% compared...
Wisconsin Home Sales Up 9.2% Year-Over-Year

Wisconsin Home Sales Up 9.2% Year-Over-Year

by Phil Hall | Jan 24, 2025 | Market Snapshot, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

New data from the Wisconsin Realtors Association (WRA) determined the state’s home closings jumped 9.2% in December – the strongest sales growth of any month since last May – while the median price rose 13% to $305,000, the strongest price appreciation of the year....
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