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Housing market continues its cooldown in August

Housing market continues its cooldown in August

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Housing market continues its cooldown in August
Housing market continues its cooldown in August
Housing market continues its cooldown in August
Housing market continues its cooldown in August
bizjournals bizjournals | 1 year ago
The formerly frenzied housing market in the Twin Cities continued to cool in August, with the growth in home prices slowing to the lowest level in more than two years. The typical home price in the metro was $369,750 last month, an increase from July, but a marked slowdown in growth from earlier in the year, according to a release Tuesday from the Minneapolis Area Realtors and Saint Paul Area Association of Realtors. Since June 2020, home prices have risen between 8 and 10% between months. Las...
The formerly frenzied housing market in the Twin Cities continued to cool in August, with the growth in home prices slowing to the lowest level in more than two years. The typical home price in the metro was $369,750 last month, an increase from July, but a marked slowdown in growth from earlier in the year, according to a release Tuesday from the Minneapolis Area Realtors and Saint Paul Area Association of Realtors. Since June 2020, home prices have risen between 8 and 10% between months. Las...
Housing market continues cooldown as new home construction drops
Housing market continues cooldown as new home construction drops
Housing market continues cooldown as new home construction drops
Housing market continues cooldown as new home construction drops
Broadcast Media Production and... Broadcast Media Prod... | 1 year ago
CNBC's Diana Olick joins 'The Exchange' to report on the latest developments in the housing market.
CNBC's Diana Olick joins 'The Exchange' to report on the latest developments in the housing market.
Housing hurdles: Demand continues to outstrip supply in Charlotte’s residential market
Housing hurdles: Demand continues to outstrip supply in Charlotte’s residential market
Housing hurdles: Demand continues to outstrip supply in Charlotte’s residential market
Housing hurdles: Demand continues to outstrip supply in Charlotte’s residential market
bizjournals bizjournals | 2 years ago
This once-in-a-lifetime housing market has rewritten the rules that govern real estate. “In real estate, people often say the most important thing is location, location, location,” says Yongqiang Chu, director of the Childress Klein Center for Real Estate at UNC Charlotte. “For housing to be affordable, the most important thing is supply, supply, supply. The only thing we have to battle price is to increase supply, and unfortunately we are not seeing that happening fast enough.” Inven...
This once-in-a-lifetime housing market has rewritten the rules that govern real estate. “In real estate, people often say the most important thing is location, location, location,” says Yongqiang Chu, director of the Childress Klein Center for Real Estate at UNC Charlotte. “For housing to be affordable, the most important thing is supply, supply, supply. The only thing we have to battle price is to increase supply, and unfortunately we are not seeing that happening fast enough.” Inven...
Finally some reprieve: Signs show a cooldown in Colorado's housing market
Finally some reprieve: Signs show a cooldown in Colorado's housing market
Finally some reprieve: Signs show a cooldown in Colorado's housing market
Finally some reprieve: Signs show a cooldown in Colorado's housing market
bizjournals bizjournals | 1 year ago
The least amount of homes sold in June in Denver compared to the last six years.
The least amount of homes sold in June in Denver compared to the last six years.
Novus continues its success in the healthcare sector - FMJ
Novus continues its success in the healthcare sector - FMJ
Novus continues its success in the healthcare sector - FMJ
Novus continues its success in the healthcare sector - FMJ
Book and Periodical Publishing Book and Periodical ... | 1 year ago
Novus Property Solutions has been awarded a series of healthcare sector contracts and frameworks in the first quarter of the year, as it continues to execute its ambitious five-year growth strategy. Building upon its longstanding relationship with Manchester University NHS Foundation Trust, Novus was recently awarded a contract for the refurbishment of the North West ... The post Novus continues its success in the healthcare sector appeared first on FMJ.
Novus Property Solutions has been awarded a series of healthcare sector contracts and frameworks in the first quarter of the year, as it continues to execute its ambitious five-year growth strategy. Building upon its longstanding relationship with Manchester University NHS Foundation Trust, Novus was recently awarded a contract for the refurbishment of the North West ... The post Novus continues its success in the healthcare sector appeared first on FMJ.
Hottest March In Housing History Ends With Signs Of A Cooldown
Hottest March In Housing History Ends With Signs Of A Cooldown
Hottest March In Housing History Ends With Signs Of A Cooldown
Hottest March In Housing History Ends With Signs Of A Cooldown
forbes forbes | 2 years ago
More buyers were edged out by soaring mortgage rates, sky-high prices and few new listings.
More buyers were edged out by soaring mortgage rates, sky-high prices and few new listings.
Here's what Southern California's housing market cooldown means for buyers, sellers
Here's what Southern California's housing market cooldown means for buyers, sellers
Here's what Southern California's housing market cooldown means for buyers, sellers
Here's what Southern California's housing market cooldown means for buyers, sellers
latimes latimes | 1 year ago
The Southern California housing market is finally slowing down after a two-year pandemic boom fueled in large part by record low borrowing costs. Now, with mortgage interest rates on the rise, home sales are down, inventory is up and the prospect of home value declines is around the corner. In June, the Southern California median home price fell 1.3% from May, despite the fact it usually increases between those two months. Compared with a year earlier, the median was still up 10.5%, according...
The Southern California housing market is finally slowing down after a two-year pandemic boom fueled in large part by record low borrowing costs. Now, with mortgage interest rates on the rise, home sales are down, inventory is up and the prospect of home value declines is around the corner. In June, the Southern California median home price fell 1.3% from May, despite the fact it usually increases between those two months. Compared with a year earlier, the median was still up 10.5%, according...
The housing market recession continues, despite starts data
The housing market recession continues, despite starts data
The housing market recession continues, despite starts data
The housing market recession continues, despite starts data
housingwire housingwire | 1 year ago
How does the home starts data fit into the housing market recession? Look at the homebuilder's sentiment index, which collapsed yesterday. The post The housing market recession continues, despite starts data appeared first on HousingWire.
How does the home starts data fit into the housing market recession? Look at the homebuilder's sentiment index, which collapsed yesterday. The post The housing market recession continues, despite starts data appeared first on HousingWire.
Denver housing market continued downward trend in August
Denver housing market continued downward trend in August
Denver housing market continued downward trend in August
Denver housing market continued downward trend in August
bizjournals bizjournals | 1 year ago
Whether due to a seasonal change or wider economic factors, the Denver metro-area housing market continues to slow down.  For the first time since July 2020, the close-price-to-list-price ratio dipped below 100% last month, according to the latest report from the Denver Metro Association of Realtors (DMAR). August’s close-price-to-list-price ratio was 99.41%, indicating that many buyers are no longer offering over-asking on new homes.  Other indicators of a slower market were the fact tha...
Whether due to a seasonal change or wider economic factors, the Denver metro-area housing market continues to slow down.  For the first time since July 2020, the close-price-to-list-price ratio dipped below 100% last month, according to the latest report from the Denver Metro Association of Realtors (DMAR). August’s close-price-to-list-price ratio was 99.41%, indicating that many buyers are no longer offering over-asking on new homes.  Other indicators of a slower market were the fact tha...
Demand for housing continues to outpace supply in April
Demand for housing continues to outpace supply in April
Demand for housing continues to outpace supply in April
Demand for housing continues to outpace supply in April
bizjournals bizjournals | 1 year ago
A recent report from Greater Nashville Realtors found April home sales had fallen 7% compared to the same time period last year. "The number of opportunities to buy a home is growing, however it cannot keep up with the current demand.”
A recent report from Greater Nashville Realtors found April home sales had fallen 7% compared to the same time period last year. "The number of opportunities to buy a home is growing, however it cannot keep up with the current demand.”