“Stale” Inventory Sees Major Uptick
The amount of homes listed for 30-plus days has risen 12.5 percent since July of 2021
The amount of homes listed for 30-plus days has risen 12.5 percent since July of 2021
Sales may have been down, but we're taking a look at who had the good fortune to buy last month
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
The inventory of unsold existing homes increased slightly to 870,000—equivalent to 1.7 months of supply
NAR predicts existing-home sales to decline by 2.8 percent in 2022
California’s housing market remains the nation’s most valuable, reaching $9.24 trillion in December
The latest S&P CoreLogic Case-Shiller Index highlights modest gains
Existing-home sales totaled 6.12 million in 2021–an increase of 8.5 percent from the prior year
The median existing home sales price rose 13.9 percent year-over-year to $353,900 in November
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