NAR: Market Is Shifting Slowly In Buyers’ Favor
Chief Economist Lawrence Yun notes that supply and demand dynamics are nearing a balanced market condition
Chief Economist Lawrence Yun notes that supply and demand dynamics are nearing a balanced market condition
The median sales price reached $426,900—a new record high
International buyers purchased $42 billion worth of U.S. residential properties from April 2023-March 2024
June’s statewide median home price was $900,720, down 0.8 percent from May and up 7.5 percent from $837,850 in June 2023
Last year’s existing-home sales fell to their lowest level since 1995
Good news for buyers: most experts agree mortgage rates should fall a bit by year's end
May’s statewide median home price was $908,040, up 0.4 percent from April and up 8.7 percent from $835,280 in May 2023
The median U.S. home sale price hit a record high in May at $439,716
The median existing-home sales price grew 5.7 percent from April 2023 to $407,600
April’s statewide median home price was up 5.8 percent to $904,210
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