U.S. Housing Market
October New Home Sales Up 18.7% Year-Over-Year
The three-month delay in the release of the October data is due to the recent federal government shutdown. Continue Reading October New Home Sales Up 18.7% Year-Over-Year
Kansas Lawmakers Consider New Cap on Property Tax Assessments
The resolution does not change property tax rates. Continue Reading Kansas Lawmakers Consider New Cap on Property Tax Assessments
Florida Home Sales Rise While Prices Decline
The statewide median sales price for single-family existing homes in October was $411,105, down 0.9% compared to one year ago. Continue Reading Florida Home Sales Rise While Prices Decline
Home Sales Activity Climbs in New York State
The median sales price was also on the rise, reaching $431,000 last month. Continue Reading Home Sales Activity Climbs in New York State
Pennsylvania Home Sales Up by 6.4%
The median price for the homes sold last month was $300,000. Continue Reading Pennsylvania Home Sales Up by 6.4%
New York State Housing Inventory at 8-Month Low
The lack of available properties resulted in a 4.6% year-over-year decline in closed sales. Continue Reading New York State Housing Inventory at 8-Month Low
Wisconsin Home Sales Inched Up in November
Also on the rise was the state’s median price – $310,000, up 8.8% from $279,900 in the prior year. Continue Reading Wisconsin Home Sales Inched Up in November
Existing Home Sales Up in November
Last month’s median existing home price for all housing types was $406,100. Continue Reading Existing Home Sales Up in November
Mortgage Rates Rise Ahead of Christmas
The 30-year fixed-rate mortgage averaged 6.72% as of Dec. 19. Continue Reading Mortgage Rates Rise Ahead of Christmas
Florida Home Sales and Prices Decline
The statewide median sales price for single-family existing homes in November was $410,700. Continue Reading Florida Home Sales and Prices Decline
California Home Sales Record Largest Yearly Increase in Over Three Years
The statewide median price of $852,880 was down 4% from October but was up 3.8% from November 2023. Continue Reading California Home Sales Record Largest Yearly Increase in Over Three Years
Report: Home Affordability Worsened in Q4
The national median home price has climbed to $364,750 during the fourth quarter. Continue Reading Report: Home Affordability Worsened in Q4
Mortgage Application Activity Down Slightly
The MBA reported mortgage applications for new home purchases in November were up 7.2% year-over-year. Continue Reading Mortgage Application Activity Down Slightly
Single-Family Housing Starts Up 6.4%
Privately-owned housing starts were down 1.8% from October. Continue Reading Single-Family Housing Starts Up 6.4%
Builder Confidence Holds Steady
The component measuring sales expectations in the next six months rose to its highest level since April 2022. Continue Reading Builder Confidence Holds Steady
