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Home Sales Slip in Virginia

Home Sales Slip in Virginia

by Phil Hall | Jul 24, 2024 | Current News & Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

A total of 10,018 homes were sold in Virginia during June, which was 974 fewer than June of last year. According to Virginia Realtors, this marked both an 8.9% slowdown and the second month in 2024 where sales activity trailed 2023 levels. However, during the first...
Rhode Island’s Median Home Price Hits New High

Rhode Island’s Median Home Price Hits New High

by Phil Hall | Jul 24, 2024 | Current News & Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Rhode Island’s housing market recorded a new record high median price of $494,000, according to data from the Rhode Island Association of Realtors (RIAR). Last month’s record high marked an 11.6% increase from one year earlier. While prices were up, sales were down....
New Home Sales Down While More Properties Sit on the Market Longer

New Home Sales Down While More Properties Sit on the Market Longer

by Phil Hall | Jul 24, 2024 | Current News & Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Sales of new single-family houses in June were at a seasonally adjusted annual rate of 617,000, according to estimates from the U.S. Census Bureau and the Department of Housing and Urban Development. June’s activity rate was 0.6% below the revised May rate of 621,000...
New York State Median Home Sales Price Hits Record High

New York State Median Home Sales Price Hits Record High

by Phil Hall | Jul 23, 2024 | Current News & Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Home prices were up for the 11th consecutive month in the latest data report from the New York State Association of Realtors (NYSAR). Across the Empire State, the median sales price of homes in June was $448,000, up by 8.5% from the $413,000 price in June 2023. This...
Alabama Home Sales Up for Fifth Straight Month

Alabama Home Sales Up for Fifth Straight Month

by Phil Hall | Jul 22, 2024 | Current News & Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Home sales in Alabama during June totaled 5,423 transactions, up 4.1% from May for the fifth consecutive month of increases, according to data from the Alabama Association of Realtors (AAR). However, sales were also down by 17.5% from one year earlier. Alabama’s...
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