Profit margins on median-priced single-family home and condo sales rose to 47.7% during the second quarter, according to new data from ATTOM. This represented the first gain in a year and an increase from the 43.9% in the first quarter. The median nationwide home...
The Empire State’s housing market continued to struggle in June, according to new data from the New York State Association of Realtors. Closed sales totaled 10,186 last month, down 22.2% from the 13,095 sales in June 2022. Pending sales took a 6.2% drop from 12,967 in...
The median price of homes sold in Texas in the second quarter was $345,000, a 3.1% decline from the $357,388 price recorded one year ago, according to new data from Texas Realtors. Half of the Texas residential properties sold in the second quarter this year were in...
Last month’s home sales and the average selling price in the Greater Toronto Area (GTA) were above last year’s levels, according to data from GTA Realtors. The GTA market recorded 7,481 sales through the Toronto Regional Real Estate Board’s (TRREB) MLS System, up...
The average sale-to-list price ratio hit 100.1% during the four weeks ending July 2, according to new data from Redfin (NASDAQ:RDFN). This marks the first time since last August that the average home was selling for more than its asking price. Redfin also noted the...