Why High-Flying U.S. Home Prices Seen Getting Another Jolt The U.S. housing market’s storyline for the last several years has been one of steady demand and limited supply, pushing prices ever higher. Now, a new chapter has opened up for the industry and its customers: soaring costs for building materials. Reports on Tuesday underscored both … Continue reading Why High-Flying U.S. Home Prices Seen Getting Another Jolt
Silver Lining to Rising Home Prices . . . Home prices continue to climb both year-over-year and month-over-month, according to the October 2017 Home Price Index (HPI) released by CoreLogic Tuesday Morning. Nationally, prices increased by 7 percent from October 2016 to October 2017—representing the second consecutive month of 7 percent year-over-year increases. Meanwhile, month-over-month … Continue reading Silver Lining to Rising Home Prices . . .
30 Metro Areas Experienced Double Digit Increases In Home Price Author: Staff Writer in Daily Dose, Featured, News, Origination May 15, 2017 0 Metro home prices are continuing their upward surge as they swelled again for the third consecutive quarter, according to 2017’s first quarterly report by National Association of Realtors (NAR). NAR chief … Continue reading 30 Metro Areas Experienced Double Digit Increases In Home Price
Existing home sales hit 9-year high in June USA TODAY Bolstered by first-time home buyers, existing-home sales rose for the fourth straight month in June, reaching a nine-year high, Sales of existing single-family homes, townhomes, condominiums and co-ops increased 1.1% to a seasonally adjusted annual rate of 5.57 million, up from May’s downwardly revised 5.51 million, the … Continue reading Existing home sales hit 9-year high in June
HOUSING: Inland prices up another 6 percent The increase mirrors a national trend, but in this area, affordability is an issue Inland housing prices in May rose by 6 percent over a year earlier – a plus for sellers but another signal that homes in the area are more expensive than average earners can afford. … Continue reading HOUSING: Inland prices up another 6 percent
From MSN Money U.S. home resales rose more than expected in September to the second highest monthly sales pace since February 2007, suggesting the housing market continues to show strength compared to the rest of the economy. The National Association of Realtors said on Thursday existing home sales increased 4.7 percent to an annual rate … Continue reading U.S. existing home sales rise more than expected, inventory tighter
Check out this article on rising home prices.