NAR: Middle-Income Homeowners Gained More Than $120,000 Over the Past Decade From Home Appreciation
All of the top 10 areas with the largest wealth gains for low-income owners—surpassing $290,000—were located in California
All of the top 10 areas with the largest wealth gains for low-income owners—surpassing $290,000—were located in California
The increase snaps a 12-month slide and represents the largest monthly percentage increase since July 2020
Out West, the index elevated 10.1 percent in January, but was down 29.3 percent from January 2022
Less than a fifth of metro markets posted double-digit annual price appreciation, down from 46 percent the previous quarter
Month-over-month, contract signings declined in all four major U.S. regions—with the West posting the smallest decline
Existing-home sales fell for the tenth consecutive month to a seasonally adjusted annual rate of 4.09 million
Annual median home prices are expected to increase by just 0.3 percent—except in California…
According to NAR, the West index slipped by 11.3 percent month-over-month—the largest decline across the U.S.
The inventory of unsold existing homes slipped for the third consecutive month to 1.22 million, or the equivalent of 3.3 ...
Lawrence Yun expects home sales to decline by 7 percent, while the national median home price will increase by 1 ...
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