Houston home sales decline for fourth consecutive month, prices still higher than 2021
Houston home sales decline for fourth consecutive month, prices still higher than 2021
Year to date, total single-family sales are now down 1.3% compared to the record pace of the first seven months of 2021.
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Year to date, total single-family sales are now down 1.3% compared to the record pace of the first seven months of 2021.
Year to date, total single-family sales are now down 1.3% compared to the record pace of the first seven months of 2021.
Fast-rising mortgage rates are straining affordability for a growing number of families, putting homeownership out of reach for some.
The post Pending Home Sales Decline for 4th Consecutive Month, as Interest Rates Rise: ‘Many People Looking for a Home Have Hit a Ceiling’ appeared first on Real Estate News & Insights | realtor.com®.
Fast-rising mortgage rates are straining affordability for a growing number of families, putting homeownership out of reach for some.
The post Pending Home Sales Decline for 4th Consecutive Month, as Interest Rates Rise: ‘Many People Looking for a Home Have Hit a Ceiling’ appeared first on Real Estate News & Insights | realtor.com®.
CNBC's Diana Olick reports on August's pending homes sales data.
CNBC's Diana Olick reports on August's pending homes sales data.
Home-price growth in 20 U.S. cities picked up for the fourth straight month with Tampa, Florida, showing the biggest gains.A measure of prices in those 20 cities climbed 21.2% through March following a 20.3% gain in February, the S&P CoreLogic Case-Shiller index showed Tuesday. All 20 cities reported double-digit price increases for the year ended March and prices in Tampa jumped 34.8%, according to a statement."Those of us who have been anticipating a deceleration in the growth rate of U.S. ho...
Home-price growth in 20 U.S. cities picked up for the fourth straight month with Tampa, Florida, showing the biggest gains.A measure of prices in those 20 cities climbed 21.2% through March following a 20.3% gain in February, the S&P CoreLogic Case-Shiller index showed Tuesday. All 20 cities reported double-digit price increases for the year ended March and prices in Tampa jumped 34.8%, according to a statement."Those of us who have been anticipating a deceleration in the growth rate of U.S. ho...
Once again, high interest rates — now around 7% — and the ongoing lack of homes priced below $400,000 were cited as some of the factors contributing to the decrease in sales.
Once again, high interest rates — now around 7% — and the ongoing lack of homes priced below $400,000 were cited as some of the factors contributing to the decrease in sales.
Average house prices rose 10.8% on an annual basis in April to hit a record £286,079, says the latest Halifax house price index. This rise is down from 11.1% posted in March, but is still the tenth consecutive monthly rise in prices, the longest run since 2016. The report says: “The property market has continued ...
This story continues at House prices rise for 10th consecutive month to hit record £286,079: Halifax
Or just read more coverage at Mortgage Finance Gazette
Average house prices rose 10.8% on an annual basis in April to hit a record £286,079, says the latest Halifax house price index. This rise is down from 11.1% posted in March, but is still the tenth consecutive monthly rise in prices, the longest run since 2016. The report says: “The property market has continued ...
This story continues at House prices rise for 10th consecutive month to hit record £286,079: Halifax
Or just read more coverage at Mortgage Finance Gazette
The numbers: U.S. pending-home sales rose in May by 0.7%, according to the monthly index released Monday by the National Association of Realtors. Analysts polled by the Wall Street Journal had forecast the pending home sales index to drop by 4%. This increase breaks a six-month decline, and comes as mortgage rates continue to rise. Key details: Compared with a year earlier, transactions were down 13.6%. Regionally, the index jumped the most in Northeast, and fell in the Midwest and West. Big p...
The numbers: U.S. pending-home sales rose in May by 0.7%, according to the monthly index released Monday by the National Association of Realtors. Analysts polled by the Wall Street Journal had forecast the pending home sales index to drop by 4%. This increase breaks a six-month decline, and comes as mortgage rates continue to rise. Key details: Compared with a year earlier, transactions were down 13.6%. Regionally, the index jumped the most in Northeast, and fell in the Midwest and West. Big p...
Average home prices in Canada fell for the fourth consecutive month in June, while home sales were down in three-quarters of all markets. The average (not seasonally adjusted) home price fell to $665,850 in June, according to data from the Canadian Real Estate Association (CREA). That’s down 6.4% from the previous month and nearly 18% from February. Compared to a year ago, prices are down 1.8%. On a seasonally adjusted basis, the MLS Home Price Index, which strips out month-to-month volatility...
Average home prices in Canada fell for the fourth consecutive month in June, while home sales were down in three-quarters of all markets. The average (not seasonally adjusted) home price fell to $665,850 in June, according to data from the Canadian Real Estate Association (CREA). That’s down 6.4% from the previous month and nearly 18% from February. Compared to a year ago, prices are down 1.8%. On a seasonally adjusted basis, the MLS Home Price Index, which strips out month-to-month volatility...
Over the last 2.5 years of this housing market, it wasn’t housing deflation we needed to worry about, but housing inflation.
The post With home sales down, why are home prices still up? appeared first on HousingWire.
Over the last 2.5 years of this housing market, it wasn’t housing deflation we needed to worry about, but housing inflation.
The post With home sales down, why are home prices still up? appeared first on HousingWire.
North Texas new home sales climbed last month and pending sales are rising, signaling continued strength in the housing market moving into the summer despite inventory challenges, rising mortgage rates, inflation and other headwinds. New home prices also continue to climb, setting another record last month.
North Texas new home sales climbed last month and pending sales are rising, signaling continued strength in the housing market moving into the summer despite inventory challenges, rising mortgage rates, inflation and other headwinds. New home prices also continue to climb, setting another record last month.