New Home Sales Up 10.7 Percent Nationally
According to the U.S. Census Bureau, 696,000 new homes sold in May
According to the U.S. Census Bureau, 696,000 new homes sold in May
Rising mortgage rates and sky-high home prices made homeownership less of a reality last month for perspective buyers
The median existing-home sales price exceeded $400,000 for the first time, up 14.8 percent annually
Riverside was the only local county to see a month-over-month price increase, hitting an average of $650,000
The statewide median home price was $898,980, up 1.6 percent from April
Compared to the month prior, apps were down 4 percent
Rents were up more than 30 percent in Cincinnati, Seattle and Nashville and nearly 50 percent in Austin
Americans who think it’s a good time to buy a home fell to just 17 percent in May
May marked a turning point as one in five home sellers dropped their asking price last month
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