NWMLS: Listings up, sales flat, prices fall in May
NWMLS: Listings up, sales flat, prices fall in May
The NWMLS published their May stats today, 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 in May, the third 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 week, the rate of increase is rapidly declining from the all-time high set in December. Pending and closed sales are increasing, but only modestly.
The post NWMLS: Listings up, sales flat, prices fall in May appeared first on Seattle Bubble.
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The NWMLS published their May stats today, 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 in May, the third 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 week, the rate of increase is rapidly declining from the all-time high set in December. Pending and closed sales are increasing, but only modestly.
The post NWMLS: Li...
The NWMLS published their May stats today, 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 in May, the third 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 week, the rate of increase is rapidly declining from the all-time high set in December. Pending and closed sales are increasing, but only modestly.
The post NWMLS: Li...
The NWMLS published their March stats today, 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 in March, falling more than it has since March of 2012. Inventory was up from a year ago again, but the increase was the smallest in the last five months. Pending sales recovered from the February snow storm dip, but were only up five percentโฆ
The post NWMLS: Prices down, listings way up, sales flat from...
The NWMLS published their March stats today, 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 in March, falling more than it has since March of 2012. Inventory was up from a year ago again, but the increase was the smallest in the last five months. Pending sales recovered from the February snow storm dip, but were only up five percentโฆ
The post NWMLS: Prices down, listings way up, sales flat from...
The NWMLS published their August stats yesterday, so let's take a look at how the month shook out for the housing market.
As we mentioned in yesterday's preview post, the biggest story is a sudden, renewed shortage of inventory.
Before we get into our detailed monthly stats, here's a quick look at their press releaseโฆ
The post NWMLS: New listings dry up as home prices plateau appeared first on Seattle Bubble.
The NWMLS published their August stats yesterday, so let's take a look at how the month shook out for the housing market.
As we mentioned in yesterday's preview post, the biggest story is a sudden, renewed shortage of inventory.
Before we get into our detailed monthly stats, here's a quick look at their press releaseโฆ
The post NWMLS: New listings dry up as home prices plateau appeared first on Seattle Bubble.
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...
With fewer new listings and rising housing prices, the number of home sales in metropolitan Milwaukee hit a double-digit rate of decline last month compared with record 2021 numbers.
With fewer new listings and rising housing prices, the number of home sales in metropolitan Milwaukee hit a double-digit rate of decline last month compared with record 2021 numbers.
The numbers:ย U.S. existing-home sales fell 3.4% to a seasonally adjusted annual rate of 5.41 million in May, the National Association of Realtors said Tuesday. Compared with May 2021, home sales were down 8.6%. The decline was in line with the forecast of economists polled by the Wall Street Journal. This is the fourth straight monthly decline and comes as mortgage rates have spiked and prices have risen. Key details:ย The median price for an existing home rose to a record $407,600, up 14.8% fr...
The numbers:ย U.S. existing-home sales fell 3.4% to a seasonally adjusted annual rate of 5.41 million in May, the National Association of Realtors said Tuesday. Compared with May 2021, home sales were down 8.6%. The decline was in line with the forecast of economists polled by the Wall Street Journal. This is the fourth straight monthly decline and comes as mortgage rates have spiked and prices have risen. Key details:ย The median price for an existing home rose to a record $407,600, up 14.8% fr...
October market stats were published by the NWMLS today. Home prices were basically flat from September, and inventory dropped a bit but was up dramatically from 2017. Sales continued to slip from last year as well. September's year-over-year listing growth was an all-time record at 68 percent, but October's 86 percent blew that out of the waterโฆ
The post NWMLS: Inventory up big from 2017, sales slip appeared first on Seattle Bubble.
October market stats were published by the NWMLS today. Home prices were basically flat from September, and inventory dropped a bit but was up dramatically from 2017. Sales continued to slip from last year as well. September's year-over-year listing growth was an all-time record at 68 percent, but October's 86 percent blew that out of the waterโฆ
The post NWMLS: Inventory up big from 2017, sales slip appeared first on Seattle Bubble.
Let's play some catchup and take a look at February market stats from the NWMLS. The King County median price of single-family homes was basically flat year-over-year in February, inventory was way up from a year ago but not by as much as it has been, and pending sales slipped thanks to the nasty weatherโฆ
The post NWMLS: Home prices back in black, snow storm freezes out pending sales appeared first on Seattle Bubble.
Let's play some catchup and take a look at February market stats from the NWMLS. The King County median price of single-family homes was basically flat year-over-year in February, inventory was way up from a year ago but not by as much as it has been, and pending sales slipped thanks to the nasty weatherโฆ
The post NWMLS: Home prices back in black, snow storm freezes out pending sales appeared first on Seattle Bubble.
Even though mortgage rates are surging at the fastest pace in 40 years, HAR noted, a majority of buyers paid above list price for homes on the market.
Even though mortgage rates are surging at the fastest pace in 40 years, HAR noted, a majority of buyers paid above list price for homes on the market.
Sales of previously owned homes in June fell 5.4% from May, according to a monthly report from the National Association of Realtors, as prices set records and rates surged. The sales count declined to a seasonally adjusted annualized rate of 5.12 million units last month, the group said. Sales were 14.2% lower compared with June 2021. This is the slowest sales pace since the same month in 2020, when sales dropped very briefly at the start of the Covid pandemic. Outside of that, it is the slowest...
Sales of previously owned homes in June fell 5.4% from May, according to a monthly report from the National Association of Realtors, as prices set records and rates surged. The sales count declined to a seasonally adjusted annualized rate of 5.12 million units last month, the group said. Sales were 14.2% lower compared with June 2021. This is the slowest sales pace since the same month in 2020, when sales dropped very briefly at the start of the Covid pandemic. Outside of that, it is the slowest...