A glut of new listings helped boost home sales in July while prices were slightly lower, according to new data from the Toronto Regional Real Estate Board (TRREB). A total of 5,391 home sales were transacted through TRREB’s MLS System last month, up by 3.3% from the...
The volume of homes that were actively listed for sale in July was up 36.6% year-over-year, according to new data from Realtor.com. July’s inventory level is a post-pandemic high, while the share of listings with price cuts totaled 18.9%, the highest rate since...
James H. Schloemer is chairman of the National Multifamily Housing Council. This article is edited and adapted from prepared remarks made on behalf of the National Multifamily Housing Council and the National Apartment Association during a July 24 hearing held by the...
The inventory of Iowa homes for sale climbed 4.4% in June, with 7,417 homes on the market versus 7,104 listings in May. According to new data from the Iowa Association of Realtors (IAR), the state’s inventory level soared by 31.8% from the 5,626 homes listed in June...
Although home price growth was stronger than expected during the second quarter, prices are likely to moderate and close out 2024 and 2025 at annual rates of 6.1% and 3.0%, respectively, according to the July 2024 commentary from the Fannie Mae (OTCQB:FNMA) Economic...
Pending Home Sales Slide to Nearly Three-Year Low as Buyers Pull Back
