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Redfin: Median Home Sale Price Hits Record High for Ninth Straight Week

Redfin: Median Home Sale Price Hits Record High for Ninth Straight Week

by Phil Hall | Jul 11, 2024 | Current News & Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

The median home sale price broke a record for the ninth consecutive week, reaching a level of $397,482 during the four weeks ending July 7, according to new data from Redfin (NASDAQ:RDFN). This represents a 4.7% year-over-year spike and the biggest increase in over...
Home Sales Decline Across Mid-Atlantic Region

Home Sales Decline Across Mid-Atlantic Region

by Phil Hall | Jul 10, 2024 | Current News & Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Home sales across the Mid-Atlantic region totaled 20,552 transactions in June, according to new data from Bright MLS. This represents a 3.2% decline from the previous month and a 10.4% drop from one year ago. Although fewer homes were being sold, more properties were...
Toronto Home Sales and Prices Down in June

Toronto Home Sales and Prices Down in June

by Phil Hall | Jul 5, 2024 | Current News & Events, International Real Estate News, Real Estate News, WRE News Exclusive

Home sales and prices in the Greater Toronto Area (GTA) were down year-over-year in June, according to new data from the Toronto Regional Real Estate Board (TRREB). A total of 6,213 home sales were sold through TRREB’s MLS System in last month, down 16.4% compared to...
Alabama Home Sales Up for Fourth Consecutive Month

Alabama Home Sales Up for Fourth Consecutive Month

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

Alabama home sales were up for the fourth consecutive month in May, although they were still below the previous year’s level. According to data from the Alabama Association of Realtors, the state recorded 5,209 home sales last month, up by 45 transactions (0.9%) from...
New Listings and Median Home Prices Up in Florida, But Sales Are Down

New Listings and Median Home Prices Up in Florida, But Sales Are Down

by Phil Hall | Jun 21, 2024 | Current News & Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Florida recorded 26,252 closed sales of existing single-family homes statewide in May, down by a slight 0.5% year-over-year, while existing condo-townhouse sales totaled 10,415, a more substantial year-over-year decline of 8.6%, according to data from Florida...
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