Greater Cincinnati home sales slow in June, but inventory remains near record lows
Greater Cincinnati home sales slow in June, but inventory remains near record lows
When it comes to the housing market, Greater Cincinnati is not seeing the same cool down as many other cities across the country.
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When it comes to the housing market, Greater Cincinnati is not seeing the same cool down as many other cities across the country.
When it comes to the housing market, Greater Cincinnati is not seeing the same cool down as many other cities across the country.
Let's take a look at our early March housing stats.
Overall the market is still moving in a direction favorable to buyers, but more slowly than it was late last year. By March of this year inventory is already at levels that it didn't hit until May or June last year. Meanwhile, sales are still down from a year earlier. Foreclosures are still not really an issue at all right nowโฆ
The post March Stats Preview: Inventory still up big, but gains slow even as home sales slip appeared first on Seatt...
Let's take a look at our early March housing stats.
Overall the market is still moving in a direction favorable to buyers, but more slowly than it was late last year. By March of this year inventory is already at levels that it didn't hit until May or June last year. Meanwhile, sales are still down from a year earlier. Foreclosures are still not really an issue at all right nowโฆ
The post March Stats Preview: Inventory still up big, but gains slow even as home sales slip appeared first on Seatt...
The luxury real estate market in Greater Cincinnati tied a record in June.
The luxury real estate market in Greater Cincinnati tied a record in June.
September market stats were published by the NWMLS today. Home prices have leveled off as sales continue to slip and inventory piles up. Year-over-year listing growth hit its highest level ever as the number of homes on the market reached its highest level since January 2012โฆ
The post NWMLS: Inventory continues to climb as sales slow appeared first on Seattle Bubble.
September market stats were published by the NWMLS today. Home prices have leveled off as sales continue to slip and inventory piles up. Year-over-year listing growth hit its highest level ever as the number of homes on the market reached its highest level since January 2012โฆ
The post NWMLS: Inventory continues to climb as sales slow appeared first on Seattle Bubble.
HAR attributed the June decline to "a perfect storm that had been brewing for months: the combination of diminished inventory, record-high prices and, more recently, rising interest rates on top of a climate of growing inflation."
HAR attributed the June decline to "a perfect storm that had been brewing for months: the combination of diminished inventory, record-high prices and, more recently, rising interest rates on top of a climate of growing inflation."
The NWMLS just published their June stats, so let's take a look at how the month shook out for the housing market. The King County median price of single-family homes was down year-over-year again in June, the fourth month in a row of declines. Inventory was up from a year ago again, but the as we mentioned in the preview post earlier this morning, the rate of increase is rapidly declining from the all-time high set in December. Closed sales were down a bit from a year earlier, while pending sal...
The NWMLS just published their June stats, so let's take a look at how the month shook out for the housing market. The King County median price of single-family homes was down year-over-year again in June, the fourth month in a row of declines. Inventory was up from a year ago again, but the as we mentioned in the preview post earlier this morning, the rate of increase is rapidly declining from the all-time high set in December. Closed sales were down a bit from a year earlier, while pending sal...
Rising interest rates have continued to stifle home sales, pushing the region's inventory higher than it has been in years. Prices have climbed alongside inventory, however โ the median price for a single-family home reached $478,500 last month.
Rising interest rates have continued to stifle home sales, pushing the region's inventory higher than it has been in years. Prices have climbed alongside inventory, however โ the median price for a single-family home reached $478,500 last month.
After a very strong March, home sales at the top of the market could not continue the pace and barely missed keeping pace with last yearโs sales at this time.
After a very strong March, home sales at the top of the market could not continue the pace and barely missed keeping pace with last yearโs sales at this time.
The inventory of single-family homes statewide increased 23% last month compared to June 2021.
The inventory of single-family homes statewide increased 23% last month compared to June 2021.
Even though new listings increased in March compared to February, the Greater Cincinnati housing marketโs inventory hit a new low last month when looking at a key metric.
Even though new listings increased in March compared to February, the Greater Cincinnati housing marketโs inventory hit a new low last month when looking at a key metric.