Existing-Home Sales Down 3.4 Percent Nationally In May
The median existing-home sales price exceeded $400,000 for the first time, up 14.8 percent annually
The median existing-home sales price exceeded $400,000 for the first time, up 14.8 percent annually
Compared to the prior year, pending sales dropped 9.1 percent year-over-year decline in all regions
According to the National Association of Realtors, sales were down 2.4 percent in April
With the residential housing shortage, apartment rents are expected to keep rising by more than 10 percent over the next ...
70 percent of 185 metros tracked by NAR recorded a double-digit price gains
Contract activity is down for the fifth consecutive month per NAR’s March numbers
All-cash sales also hit a new high last month in the largest share since 2014
The median existing-home sales price rose 15 percent year-over-year to $375,300
Month-over-month, contract signings were down across all regions, except the Northeast
The inventory of unsold existing homes increased slightly to 870,000—equivalent to 1.7 months of supply
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