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Home Prices Continue to Remain Elevated

Home Prices Continue to Remain Elevated

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

Two data reports issued today reaffirmed that housing prices are showing no signs of weakening. The S&P CoreLogic Case-Shiller U.S. National Home Price NSA Index, covering all nine U.S. census divisions, remained unchanged in June from one year earlier and were up...
RE/MAX: July Home Sales Down 14.7% From June

RE/MAX: July Home Sales Down 14.7% From June

by Phil Hall | Aug 18, 2023 | Current News & Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Home sales in July were down by 14.7% from June and down by 16.1% compared to one year earlier, according to new data from RE/MAX (NASDAQ:RMAX). This marked the first time since April that month-over-month sales recorded a decline. “The market is playing out...
California Home Prices Record First Year-Over-Year Uptick Since October

California Home Prices Record First Year-Over-Year Uptick Since October

by Phil Hall | Aug 17, 2023 | Current News & Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

California’s median home price exceeded $800,000 in July for the fourth straight month and recorded its first year-over-year gain in nine months, according to new data from the California Association of Realtors (CAR). The statewide median price was $832,340...
The Housing Seesaw: Home Sales Sink While Prices Remain Elevated

The Housing Seesaw: Home Sales Sink While Prices Remain Elevated

by Phil Hall | Aug 10, 2023 | Current News & Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Three new data reports have reaffirmed the new normal in housing: sales activity remains in decline while home prices continue to rise. The National Association of Realtors (NAR) determined that home price gains occurred in nearly 60% of major metro markets (128 out...
Home Prices Hit New Peaks in 30 of the 50 Largest Markets

Home Prices Hit New Peaks in 30 of the 50 Largest Markets

by Phil Hall | Aug 7, 2023 | Current News & Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

The Black Knight Home Price Index hit an all-time high in June on both seasonally adjusted and unadjusted levels, with nearly every major market experiencing month-over-month growth and 60% of these markets recording annual growth. According to new data from Black...
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