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The current housing market Home sale prices: The country’s median existing-home sale price in February 2024 was $384,500, according to the National Association of Realtors (NAR) — up 5.7 ...
Key housing market stats. The median home-sale price as of February 2024 was $384,500, up 5.7 percent from one year ago, according to NAR data. The nation had a 2.9-month supply of housing ...
The average rate on the 30-year mortgage increased to 7.37% on Thursday, a steep climb from 7.11% at the beginning of the week, according to Mortgage News Daily. The quarter-point increase comes ...
Moody's Analytics expects a total housing deficit of 1.5 million to 2 million units this year, with a shortfall of up to 1.2 million for single-family homes. Seana Smith is an anchor at Yahoo Finance.
For buyers, the housing market continues to pose challenges in terms of finding available homes for sale. In October 2023, the number of homes actively for sale fell by 2% from the previous year ...
Meanwhile, Fannie Mae’s latest Home Purchase Sentiment Index (HPSI) decreased by 0.9 points in March to 71.9, with more than three-quarters of respondents — 79 percent — saying they believe ...
Key housing market statistics. According to Bankrate’s weekly national survey of large lenders, the average mortgage interest rate on a 30-year loan was 7.39 percent as of May 1.. Existing-home ...
On average, the median price of homes sold was $363,125, up 4.1% year over year. Meanwhile, South Carolina-based president of Home Loans Inc. Jason Sharon, also noted a pickup in bidding wars in ...