Sales of new homes in all four major U.S. regions significantly declined in the last two months of 2018. The year-over-year trend was especially drastic in the Northeast, where new-home sales fell by 16.1 percent in December.
Based on a new report by the California Association of Realtors, California home sales remained on a downward trend for the seventh consecutive month in November 2018 as prospective buyers continued to wait out the market.
According to the U.S. Department of Housing and Urban Development, sales of newly built, single-family homes in the U.S. fell to a seasonally adjusted annual rate of 544,000 units in October 2018, after an upwardly revised September report.
According to a consumer survey released by the California Association of Realtors, despite affordability challenges, California renters continue to hold homeownership in high regard and aspire to purchase a home eventually.
According to Redfin, luxury home prices rose 3.2 percent year over year to an average of $1.7 million in the third quarter of 2018.
Sales of newly built, single-family homes fell to a seasonally adjusted annual rate of 544,000 units in October 2019 after an upwardly revised September 2019 report. This is the lowest sales pace since December 2016.
According to the National Association of Realtors, existing-home sales increased in October after six straight months of decreases. Three of four major U.S. regions saw gains in sales activity last month.
According to the Mortgage Bankers Association's Weekly Mortgage Applications Survey for the week ending November 9, 2018, U.S. mortgage applications decreased 3.2 percent from one week earlier.
According to the National Association of Realtors, U.S. home sales nationwide remained flat in August 2018 after four straight months of decline. Sales gains in the Northeast and Midwest canceled out downturns in the South and West.
The California Association of Realtors reported this week that California's housing market dropped below the 400,000-level sales benchmark for the first time in more than two years as high home prices and eroding affordability combined to cut into housing demand.
According to the recently released CBRE U.S. Seniors Housing & Care Investor Survey, the appetite for senior housing acquisitions in the U.S. remains strong, with nearly two-thirds of investors planning to increase the size of their portfolios over the next 12 months.
According to Freddie Mac latest Primary Mortgage Market Survey for the first week of September 2018, U.S. mortgage rates jumped over the past week to a level not seen in over a month.
According to new U.S. housing market research by Zillow, the combination of rising home prices and interest rates creates a doubly challenging environment for would-be home buyers, making monthly mortgage payments on even modestly priced homes more of a financial burden.
The percentage of U.S. home listings with price cuts is greater now than a year ago in two-thirds of the nation's largest housing markets.
According to a new report by the California Association of Realtors, California's median home price edged higher to another peak in June 2018 as year-over-year home sales lost steam for the second straight month.
According to ATTOM Data Solutions recent analysis of what California's housing market would look like if the state is split into three new states per a proposal that has qualified for the state's November 2018 ballot.
According to a new report from the Mortgage Bankers Association, U.S. mortgage credit availability increased in June 2018. A decline in the MCAI indicates that lending standards are tightening, while increases in the index are indicative of loosening credit.