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The housing market is in a state of flux with new and existing home sales on the rise (as of August 2024) but overall home affordability declining, according to the U.S. Department of Housing and...
New homes now account for one out every three homes for sale on the market, according to a May report from Redfin, with the market having around 7.5 months worth of new housing supply in July ...
Existing home sales fell for the sixth consecutive month in July, according to the National Association of Realtors.Sales dropped 5.9% from June and 20.2% from a year ago. The median existing home ...
The housing market is headed back to a 1980s-style recession, Wells Fargo says—and it’s all because of ‘higher for longer’ mortgage rates Alena Botros October 30, 2023 at 2:46 PM
In July, the housing market had a 4.0-month supply of housing inventory, a 19.8 percent improvement over last year but still below the 5 to 6 months needed for a healthy, balanced market — one ...
The housing market just reached an incredible milestone. Samantha Delouya, CNN. August 8, 2024 at 10:08 AM. Gary Hershorn/Corbis News/Getty Images. The total value of the housing market now ...
Predictions for home prices. Yun foresees no major changes in purchase price tags on a nationwide level next year, with fluctuations of only about 5 percent one way or the other. Overall, in five ...
US housing supply rose a record 14% in July, according to data from Redfin. A record number of buyers backed out of purchase deals in July due to high costs and economic worries.