Tag: october 2022

Roughly one-third of U.S. home purchases were paid for with all cash in October

According to NAR, the West index slipped by 11.3 percent month-over-month—the largest decline across the U.S.

The median sales price of new houses sold nationally in October 2022 was $493,000

The inventory of unsold existing homes slipped for the third consecutive month to 1.22 million, or the equivalent of 3.3 ...

The neighboring Central Valley also saw existing-home sales fall some 36 percent compared to October 2021

October’s statewide median home price was $801,190 down 2.5 percent from September

Compared to September 2022, applications decreased by 13 percent

The latest data marks the largest drop in at least eight years