Closed escrow sales of existing, single-family detached homes in California totaled a seasonally adjusted annualized rate of 241,770 in October, according to new data from the California Association of Realtors (CAR). This is up by a mild 0.3% from the 240,940...
October’s home sales were down 4.6% from September and down 8.7% from one year earlier, according to new data from RE/MAX (NASDAQ:RMAX). Last month’s median sales price of $410,000 held steady from the prior month and was 2.8% above the October 2022 level. Homes sold...
U.S. home sales will likely decline by 18% this year, compounding a 17% reduction from last year – but next year should see a 15% increase in sales activity, according to a forecast from National Association of Realtors (NAR) Chief Economist Lawrence Yun. Speaking at...
The S&P CoreLogic Case-Shiller U.S. National Home Price NSA Index reported a 2.6% annual change in August, up from a 1% change in the previous month. The 10-City Composite showed an increase of 3%, up from a 1% increase in the previous month, while the 20-City...
A September of home sales, overseas central banks pausing their rate hikes and Jamie Dimon’s decision to sell his JPMorgan shares. From the wild and wooly world of real estate, here are the hits and misses for the week of Oct. 23-27. Hit: Score One for Resiliency....
New York City Advances Nearly 4,000-Home Lower Manhattan Redevelopment
