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California Housing Affordability Improved Slightly in Q3

California Housing Affordability Improved Slightly in Q3

by Phil Hall | Nov 7, 2024 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Only 16% of the California’s homebuyers could afford to purchase a median-priced, existing single-family home during the third quarter. But according to the California Association of Realtors’ (CAR) Traditional Housing Affordability Index, this is a mild...
NAR: Nearly 90% of Metro Markets Saw Q3 Home Price Gains

NAR: Nearly 90% of Metro Markets Saw Q3 Home Price Gains

by Phil Hall | Nov 7, 2024 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Roughly 90% of metro markets (196 out of 226, or 87%) recorded home price gains during the third quarter, with 7% of these metros recording double-digit gains, according to the National Association of Realtors (NAR). Compared to one year ago, the national median...
Toronto Home Sales Up 44.4% in October

Toronto Home Sales Up 44.4% in October

by Phil Hall | Nov 6, 2024 | International Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

Home sales in the Greater Toronto Area (GTA) shot up in October while new listings and home prices were up by relatively mild levels. A total of 6,658 home sales were recorded through the Toronto Regional Real Estate Board’s (TRREB) MLS System in October, a 44.4%...
Metro Vancouver Home Sales Up Nearly 32%

Metro Vancouver Home Sales Up Nearly 32%

by Phil Hall | Nov 5, 2024 | International Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

Residential home sales registered on the Multiple Listing Service (MLS) in the Metro Vancouver market totaled 2,632 in October, a 31.9% year-over-year spike from the 1,996 sales recorded one year earlier, according to data from the Greater Vancouver Realtors (GVR)....
Data Reports: Home Prices Up, But Cooling

Data Reports: Home Prices Up, But Cooling

by Phil Hall | Oct 29, 2024 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Home prices are still on the rise, but two new data reports are pointing to a slowing acceleration. The S&P CoreLogic Case-Shiller US National Home Price NSA Index reported a 4.2% annual return for August, down from a 4.8% annual gain in July. The 10-City...
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