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Q3 Home Prices in Texas Down 1.5% From One Year Earlier

Q3 Home Prices in Texas Down 1.5% From One Year Earlier

by Phil Hall | Oct 20, 2023 | Current News & Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

The median price of homes sold in Texas during the third quarter was $340,000, a 1.5% tumble from $345,000 one year earlier, according to new data from Texas Realtors. There were 87,877 closed home sales in Texas during the third quarter, a 9.8% year-over-year decline...
New York State Home Sales Down 22.5%

New York State Home Sales Down 22.5%

by Phil Hall | Oct 20, 2023 | Current News & Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Closed home sales across New York State in September totaled 9,564 transactions, a 22.5% decline from the 12,335 sales in September 2022. According to data from the New York State Association of Realtors, pending sales were also down – 9,232 units last month, an 8.1%...
Profit Margins on Home Sales Up During Q3

Profit Margins on Home Sales Up During Q3

by Phil Hall | Oct 20, 2023 | Current News & Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Profit margins on median-priced single-family home and condo sales increased from 56.6% in the second quarter to 59% in the third quarter, according to data from ATTOM. This represented the second straight quarterly increase following several declines. ATTOM also...
Pennsylvania Home Sales Down 21% Year-Over-Year

Pennsylvania Home Sales Down 21% Year-Over-Year

by Phil Hall | Oct 19, 2023 | Current News & Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

New data published by the Pennsylvania Association of Realtors (PAR) showed 10,238 home sales within the state during September, down slightly from August but dropping by nearly 21% from September 2022. The number of listings declined 23% in September compared to last...
Fewer Homes Being Sold, Albeit with Higher Prices

Fewer Homes Being Sold, Albeit with Higher Prices

by Phil Hall | Sep 26, 2023 | Current News & Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Two new housing data reports issued this morning determined there were fewer new single-family homes being sold while the residential properties being purchased were priced higher. Sales of new single‐family houses during August were at a seasonally adjusted annual...
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