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...

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...

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...

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...
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