The typical U.S. household is still unable to afford a median-priced home, although some progress has been made. According to new data from Redfin (NASDAQ:RDFN) that analyzed the February housing market, buyers needed to earn an annual income of $113,520 to afford the...
Two new housing data reports affirmed home pricing began 2024 on the rise. The S&P CoreLogic Case-Shiller U.S. National Home Price NSA Index reported a 6.0% annual gain in January, up from a 5.6% rise in the previous month. The 10-City Composite showed an increase...
Florida’s housing market recorded an increase in listings and higher median prices during February, according to new data from Florida Realtors. Closed sales of single-family homes statewide last month totaled 19,040, up 2.2% from one year earlier, while existing...
The median home sales price in Pennsylvania hit $205,235 in February, up 3.7% from one year ago. According to the Pennsylvania Association of Realtors (PAR), February’s price is also up 3.5% from January 2024. February’s home sales totaled 6,934, up from January’s...
Closed escrow sales of existing, single-family detached homes in California totaled a seasonally adjusted annualized rate of 290,020 in February, according to new data from the California Association of Realtors (CAR). This represented a 12.8% increase from the...