Existing Home Sales Rise in June As Prices Jump 23%, NAR Says
Sales of existing homes rose 1.4% and prices surged in June as an uptick in listings helped buyers find properties.
July 22, 2021 2 MIN
Sales of existing homes rose 1.4% and prices surged in June as an uptick in listings helped buyers find properties.
Beyond the cleaning and sprucing up you’ll need to do to prepare for listing, there are financial chores you'll need to do before selling your home, such as checking your credit reports and applying for your next mortgage.
An index measuring homebuilder sentiment fell to 80, a decline of three points from May, as supply shortages crimped inventory.
Are you hoping to buy a home in today’s red-hot market? Here are five strategies that can help.
An index that measures signed contracts to buy homes reversed a 4% decline in April and posted its strongest May performance since 2005, the National Association of Realtors said.
U.S. home prices gained at a record pace in April as a shortage of available properties boosted competition among buyers.
While demand for new houses remains strong, builders have been forced to limit sales due to a shortage of building materials.
The U.S. median home price rose by a record pace of 24% in May, compared with a year earlier, as tight inventory sparked bidding wars.
Underbuilding has left America with demand that far outstrips housing supply, according to an NAR report.
Sales of new houses jumped in March to the highest level in more than 14 years as construction crews raced to meet a surge in demand.
Pittsburgh leads a list of cities where renters, even those with lower incomes, have the best chance to become homeowners.
Bloomington and Iowa City are the best markets in the U.S. for first-time homebuyers, according to realtor.com's ranking of cities by affordability, inventory, and job opportunities.
Sales of new houses jumped in March to the highest level in more than 14 years as construction crews raced to meet a surge in demand.
Signed contracts to purchase previously owned homes dropped last month as the number of homes on the market fell to a record low.
Housing starts fell 7% in July as homebuilders struggled amid labor and supply shortages to meet demand boosted by low mortgage rates.
An index measuring signed contracts for existing homes rose 8.1% in August, NAR said in a report on Wednesday. That’s more than five times the 1.4% gain expected by economists.
