Home Prices

Existing-Home Sales Slip, but Inventory Stirs

July 23rd, 2018
Barely budging against imbalanced inventory, existing-home sales slipped at the start of summer, the National Association of REALTORS® (NAR) reports. Activity in June declined 0.6 percent to 5.38 million, down 2.2 percent from the prior year; however, inventory increased 4.3...

Cost of Homeownership Increases 3 Times the Price of Renting

September 5th, 2018
With affordability draining quickly, the gap is growing between the amount of buyers with a desire to purchase, and the amount of buyers who actually can. According to an analysis newly released by realtor.com®, the cost of homeownership has increased...

Minutes, or Money? Homeowners Save by Trading Off Travel to Work

July 25th, 2018
In city cores, commuting from farther out takes time, but can save thousands, according to an analysis newly released by Zillow. In Boston, there is a 13.4 percent difference in home prices, typically, between the center of the city and...

CoreLogic: July Prices up 6.2 Percent

September 7th, 2018
Home prices are still on a tear, but growing less significantly than in 2017, according to CoreLogic’s latest Home Price Index (HPI™) report. In July—around the height of one of history’s hottest housing markets—prices rose 6.2 percent year-over-year, the report...

Contracts Flicker in June, but Pending Sales Still Underwhelm Year-Over-Year

July 30th, 2018
With an 0.9 percent gain month-over-month, June pending sales slightly sparked, according to the National Association of REALTORS® (NAR) Pending Home Sales Index (PHSI)—but, on an annual basis, contracts still underwhelmed, down 2.5 percent. From May to June, activity increased...

Affordability Aside, Housing Optimism Picks Up

September 9th, 2018
The confidence consumers have in housing is picking up steam—but not because of the market outright, according to the August Fannie Mae Home Purchase Sentiment Index® (HPSI). At 88, the gauge grew 1.5 percentage points month-over-month; however, the confidence consumers...

Half of Homes Past Pre-Recession Values

July 31st, 2018
Half of the homes—50.4 percent—in the nation are past their peaks prior to the recession, with 21 of the 35 largest markets at the milestone value, according to the June Zillow® Real Estate Market Report. Based on the Zillow Home...

No Gain, No Loss: Existing-Home Sales Stabilize

September 20th, 2018
August existing-home sales stabilized, ending a regressive streak, the National Association of REALTORS® (NAR) reports. At 5.34 million, activity neither decreased nor increased from July, but was down 1.5 percent from the prior year. Inventory month-over-month also steadied, at 1.92...

Case-Shiller: Housing Market Pressured by Prices

July 31st, 2018
Affordability is beginning to drag on housing, and there is little price relief in sight, according to the latest S&P CoreLogic/Case-Shiller Indices, which found May prices rising steadily, at 6.4 percent year-over-year. “Not only are prices rising consistently; they are...

Market Report: Flatter Rents and Slowing Values

September 24th, 2018
According to the August Zillow® Real Estate Market Report, home prices and rents slowed as summer wound down, with prices up 6.5 percent year-over-year—a departure from 8.2 percent this spring—and rents unchanged. Based on the Zillow Home Value Index and...
Page 1 of 2212345...1020...Last »

20/20 Real Estate: Your Vision. Our Expertise.