Home Prices

Pending Home Sales Strained

April 30th, 2018
Will They Break Through? March’s pending home sales strained, up a paltry 0.4 percent in the National Association of REALTORSR® (NAR) Pending Home Sales Index (PHSI). Two of the major regions in the U.S. experienced higher sales, with the Midwest...

Drought Intensifies for Starter Supply

May 1st, 2018
There is all-but-dried up inventory on the market—and, for buyers at the entry level, any available homes are likely priced out of reach, according to the March Zillow® Real Estate Market Report. “This year’s home-shopping season is shaping up to...

Confidence in Housing as an Investment Rises

May 6th, 2018
With appreciation climbing and equity growing, homeownership is the investment to make—and according to new research, Americans believe it is a solid vehicle for wealth. Sixty-five percent of respondents to a survey by the Federal Reserve Bank of New York...

Confidence in Housing at New Peak

May 8th, 2018
Confidence in housing is at a new peak, with enthusiasm among sellers soaring, according to the April Fannie Mae Home Purchase Sentiment Index® (HPSI). At 91.7, the Index plowed through its previous record, climbing 3.4 percentage points month-over-month and five...

Appreciation at Quicker Pace, Up 5.7 Percent

May 14th, 2018
Appreciation grew quicker in the first quarter of 2018, up 5.7 percent year-over-year, according to the latest quarterly report by the National Association of REALTORS® (NAR). “The worsening inventory crunch through the first three months of the year inflicted even...

Appreciation Linked to Population Rise

May 21st, 2018
Appreciation and demand go hand in hand, and for investors, both are key to profit, according to a new report. Assessing the association between growing interest and mounting prices, analysts at HouseCanary found that appreciation is higher where inbound migration...

New-Home Sales Slightly Slip

May 23rd, 2018
April new-home sales slightly slipped, down 1.5 percent to 662,000, according to the Commerce Department. The average new-home sales price was $407,300, while the median was $312,400. New-home listing inventory was 300,000, representing 5.4-months supply. “Even with this minor dip,...

Existing-Home Sales Fizzle

May 24th, 2018
After early gains in the season, April existing-home sales fizzled, with every region sputtering, the National Association of REALTORS® (NAR) reports. Activity in April declined 2.5 percent to 5.46 million, down 1.4 percent from the prior year. Inventory increased 9.8...

Appreciation Today Is Mirroring the Pre-Recession Sprint

May 29th, 2018
Appreciation currently is at its fastest since June 2006, just ahead of the downturn, according to the April Zillow® Real Estate Market Report. Nationally, the median price is $215,600, growing at an 8.7 percent rate year-over-year, according to the Zillow...

$1 Million: What It Buys in the U.S. Housing Market

May 29th, 2018
One-million dollars is a lot of money to most of the world’s population, but it’s a drop in the bucket to a billionaire. The housing market in the U.S. seems to have a similar relationship with homes valued between $900,000...
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