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New Single-Family Home Sales Up 10.7% in May - Real Estate Investing Today

New Single-Family Home Sales Up 10.7% in May - Real Estate Investing Today

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New Single-Family Home Sales Up 10.7% in May - Real Estate Investing Today
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New Single-Family Home Sales Up 10.7% in May - Real Estate Investing Today
New Single-Family Home Sales Up 10.7% in May - Real Estate Investing Today
New Single-Family Home Sales Up 10.7% in May - Real Estate Investing Today
New Single-Family Home Sales Up 10.7% in May - Real Estate Investing Today
realestateinvestingtoday realestateinvestingt... | 1 year ago
The U.S. Government is reporting that sales of new single-family houses in May, 2022 were at a seasonally adjusted annual rate of 696k, which is 10.7% higher than April’s revised rate and is 5.9% lower than one year ago.  The median sales price of new houses sold in September was $449k with an average sales price of $511,400.  There were an estimated 444k new houses for sale at the end of March representing a 7.7-month supply at the current sales rate. Click here to read the full report at t...
The U.S. Government is reporting that sales of new single-family houses in May, 2022 were at a seasonally adjusted annual rate of 696k, which is 10.7% higher than April’s revised rate and is 5.9% lower than one year ago.  The median sales price of new houses sold in September was $449k with an average sales price of $511,400.  There were an estimated 444k new houses for sale at the end of March representing a 7.7-month supply at the current sales rate. Click here to read the full report at t...
New Single-Family Home Sales Down 8.1% in June - Real Estate Investing Today
New Single-Family Home Sales Down 8.1% in June - Real Estate Investing Today
New Single-Family Home Sales Down 8.1% in June - Real Estate Investing Today
New Single-Family Home Sales Down 8.1% in June - Real Estate Investing Today
realestateinvestingtoday realestateinvestingt... | 1 year ago
The U.S. Government is reporting that sales of new single-family houses in June, 2022 were at a seasonally adjusted annual rate of 590k, which is 8.1% lower than May’s revised rate and is 17.4% lower than one year ago.  The median sales price of new houses sold in September was $402,400k with an average sales price of $456,800.  There were an estimated 457k new houses for sale at the end of March representing a 9.3-month supply at the current sales rate. Click here to read the full report a...
The U.S. Government is reporting that sales of new single-family houses in June, 2022 were at a seasonally adjusted annual rate of 590k, which is 8.1% lower than May’s revised rate and is 17.4% lower than one year ago.  The median sales price of new houses sold in September was $402,400k with an average sales price of $456,800.  There were an estimated 457k new houses for sale at the end of March representing a 9.3-month supply at the current sales rate. Click here to read the full report a...
Pending Home Sales Up 0.7% in May - Real Estate Investing Today
Pending Home Sales Up 0.7% in May - Real Estate Investing Today
Pending Home Sales Up 0.7% in May - Real Estate Investing Today
Pending Home Sales Up 0.7% in May - Real Estate Investing Today
realestateinvestingtoday realestateinvestingt... | 1 year ago
The National Association of Realtors is reporting that pending home sales were up 0.7% in May, 2022.  The NAR’s Pending Home Sales Index (a forward-looking indicator based on contract signings) climbed to 99.9.  The NAR says pending home sales broke a six-month skid with this slight rise. “Despite the small gain in pending sales from the prior month, the housing market is clearly undergoing a transition…Contract signings are down sizably from a year ago because of much higher mortgage ra...
The National Association of Realtors is reporting that pending home sales were up 0.7% in May, 2022.  The NAR’s Pending Home Sales Index (a forward-looking indicator based on contract signings) climbed to 99.9.  The NAR says pending home sales broke a six-month skid with this slight rise. “Despite the small gain in pending sales from the prior month, the housing market is clearly undergoing a transition…Contract signings are down sizably from a year ago because of much higher mortgage ra...
New Home Sales Down 16.6% in April - Real Estate Investing Today
New Home Sales Down 16.6% in April - Real Estate Investing Today
New Home Sales Down 16.6% in April - Real Estate Investing Today
New Home Sales Down 16.6% in April - Real Estate Investing Today
realestateinvestingtoday realestateinvestingt... | 1 year ago
The U.S. Government is reporting that sales of new single-family houses in April, 2022 were at a seasonally adjusted annual rate of 591k, which is 16.6% lower than March’s revised rate and is 26.9% lower than one year ago.  The median sales price of new houses sold in April was $450,600 with an average sales price of $570,300.  There were an estimated 444k new houses for sale at the end of April representing a 9-month supply at the current sales rate.Click here to read the full report at the...
The U.S. Government is reporting that sales of new single-family houses in April, 2022 were at a seasonally adjusted annual rate of 591k, which is 16.6% lower than March’s revised rate and is 26.9% lower than one year ago.  The median sales price of new houses sold in April was $450,600 with an average sales price of $570,300.  There were an estimated 444k new houses for sale at the end of April representing a 9-month supply at the current sales rate.Click here to read the full report at the...
Existing Home Sales Down 3.4% in May - Real Estate Investing Today
Existing Home Sales Down 3.4% in May - Real Estate Investing Today
Existing Home Sales Down 3.4% in May - Real Estate Investing Today
Existing Home Sales Down 3.4% in May - Real Estate Investing Today
realestateinvestingtoday realestateinvestingt... | 1 year ago
The National Association of Realtors is reporting that existing home sales were down 3.4% in May to a seasonally-adjusted annual rate of 5.41 million (down 8.6% year over year).  Total housing inventory at the end of May was 1,160,000 units, down 4.1% from one year ago.  Unsold inventory sits at a 2.6-month supply at the current sales rate with properties remaining on the market for around 16 days.  The median existing-home price for all housing types in May was $407,600 (surpassing the $400k...
The National Association of Realtors is reporting that existing home sales were down 3.4% in May to a seasonally-adjusted annual rate of 5.41 million (down 8.6% year over year).  Total housing inventory at the end of May was 1,160,000 units, down 4.1% from one year ago.  Unsold inventory sits at a 2.6-month supply at the current sales rate with properties remaining on the market for around 16 days.  The median existing-home price for all housing types in May was $407,600 (surpassing the $400k...
New Single-Family Home Sales Down 8.6% in March
New Single-Family Home Sales Down 8.6% in March
New Single-Family Home Sales Down 8.6% in March
New Single-Family Home Sales Down 8.6% in March
realestateinvestingtoday realestateinvestingt... | 1 year ago
The U.S. Government is reporting that sales of new single-family houses in March, 2022 were at a seasonally adjusted annual rate of 763k, which is 8.6% lower than February’s revised rate and is 12.6% lower than one year ago.  The median sales price of new houses sold in September was $436,700 with an average sales [...] The post New Single-Family Home Sales Down 8.6% in March appeared first on Real Estate Investing Today.
The U.S. Government is reporting that sales of new single-family houses in March, 2022 were at a seasonally adjusted annual rate of 763k, which is 8.6% lower than February’s revised rate and is 12.6% lower than one year ago.  The median sales price of new houses sold in September was $436,700 with an average sales [...] The post New Single-Family Home Sales Down 8.6% in March appeared first on Real Estate Investing Today.
Mobile Home Values Rising Nearly As Fast As Single-Family Homes - Real Estate Investing Today
Mobile Home Values Rising Nearly As Fast As Single-Family Homes - Real Estate Investing Today
Mobile Home Values Rising Nearly As Fast As Single-Family Homes - Real Estate Investing Today
Mobile Home Values Rising Nearly As Fast As Single-Family Homes - Real Estate Investing Today
realestateinvestingtoday realestateinvestingt... | 1 year ago
A new report form LendingTree found that while mobile homes are generally far less expensive than their single-family counterparts, their values appreciated as quickly as single-family homes.  They got their conclusion by analyzing data from the 2021 American Community Survey in which they compared the median value of mobile homes and single-family homes in each of the nation’s states (except Hawaii) from 2016-2021. Some key findings: The median value of a mobile home nationally is $61,400, ...
A new report form LendingTree found that while mobile homes are generally far less expensive than their single-family counterparts, their values appreciated as quickly as single-family homes.  They got their conclusion by analyzing data from the 2021 American Community Survey in which they compared the median value of mobile homes and single-family homes in each of the nation’s states (except Hawaii) from 2016-2021. Some key findings: The median value of a mobile home nationally is $61,400, ...
CoreLogic’s HPI Says Home Prices Up 20.2% in May - Real Estate Investing Today
CoreLogic’s HPI Says Home Prices Up 20.2% in May - Real Estate Investing Today
CoreLogic’s HPI Says Home Prices Up 20.2% in May - Real Estate Investing Today
CoreLogic’s HPI Says Home Prices Up 20.2% in May - Real Estate Investing Today
realestateinvestingtoday realestateinvestingt... | 1 year ago
According to the latest CoreLogic Home Price Insights (HPI) report, home prices nationwide, including distressed sales, increased 20.2% year-over-year in May.  On a month-over-month basis, home prices increased by 1.8% in May compared with April.  CoreLogic’s  HPI Forecast predicts home prices will increase on a year-over-year basis by 5% from May 2022 to May 2023. “Slowing home price growth reflects the dampening consequence of higher mortgage rates on housing demand, which was the inten...
According to the latest CoreLogic Home Price Insights (HPI) report, home prices nationwide, including distressed sales, increased 20.2% year-over-year in May.  On a month-over-month basis, home prices increased by 1.8% in May compared with April.  CoreLogic’s  HPI Forecast predicts home prices will increase on a year-over-year basis by 5% from May 2022 to May 2023. “Slowing home price growth reflects the dampening consequence of higher mortgage rates on housing demand, which was the inten...
How Long Does it Take to Build a Single-Family Home? - Real Estate Investing Today
How Long Does it Take to Build a Single-Family Home? - Real Estate Investing Today
How Long Does it Take to Build a Single-Family Home? - Real Estate Investing Today
How Long Does it Take to Build a Single-Family Home? - Real Estate Investing Today
realestateinvestingtoday realestateinvestingt... | 1 year ago
So, how long does it take to build a single-family house?  The NAHB’s Eye on Housing recently sifted through data from the Census Bureau’s The 2021 Survey of Construction (SOC) to find out.  Their data shows that the average completion time of a single-family house is around 8.2 months, which includes a little over a month from authorization to start and another 7.1 months to finish construction.  They point out that the time from authorization to completion varies across the nation depen...
So, how long does it take to build a single-family house?  The NAHB’s Eye on Housing recently sifted through data from the Census Bureau’s The 2021 Survey of Construction (SOC) to find out.  Their data shows that the average completion time of a single-family house is around 8.2 months, which includes a little over a month from authorization to start and another 7.1 months to finish construction.  They point out that the time from authorization to completion varies across the nation depen...
Pending Home Sales Drop 8.6% in June - Real Estate Investing Today
Pending Home Sales Drop 8.6% in June - Real Estate Investing Today
Pending Home Sales Drop 8.6% in June - Real Estate Investing Today
Pending Home Sales Drop 8.6% in June - Real Estate Investing Today
realestateinvestingtoday realestateinvestingt... | 1 year ago
The National Association of Realtors is reporting that pending home sales were down 8.6% in June, 2022.  The NAR’s Pending Home Sales Index (a forward-looking indicator based on contract signings) dipped to 99.1.  The NAR predicts home sales should start to rebound by early 2023.  Indeed… “Home sales will be down by 13% in 2022, according to our latest projection…With mortgage rates expected to stabilize near 6% and steady job creation, home sales should start to rise by early 2023.. ...
The National Association of Realtors is reporting that pending home sales were down 8.6% in June, 2022.  The NAR’s Pending Home Sales Index (a forward-looking indicator based on contract signings) dipped to 99.1.  The NAR predicts home sales should start to rebound by early 2023.  Indeed… “Home sales will be down by 13% in 2022, according to our latest projection…With mortgage rates expected to stabilize near 6% and steady job creation, home sales should start to rise by early 2023.. ...