The median sales price of a home in the Hamptons rose a whopping 27.1 percent to $1.08 million in the second quarter, according to a…
Posts published in “Markets & Economy”
The 30-year, fixed-rate mortgage average increased for the first time since May to 3.01 percent, for the week ending July 23. Source: Inman News
New initial unemployment claims topped 1 million for the 15th straight week. Source: Inman News
The typical home sale profit of $75,971 in the second quarter of 2020 reflected a 36.3 percent return on investment from the original price, a…
Multifamily rents in the U.S. dropped by $2 in June to $1,457, following a four-month trend of declining rents, according to Yardi Matrix’s June 2020…
During Zillow’s virtual Unlock event, Svenja Gudell highlighted the historic instances that have led to a massive homeownership gap. Source: Inman News
“The possibility of volatility lasting into 2021 could be a reality,” according to a 136-page report by HouseCanary released Wednesday. Source: Inman News
Meanwhile, existing-home sales in June rebounded 20.7 percent month over month, according to the National Association of Realtors. Source: Inman News
The home price index ticked up 4.9 percent year over year in May while declining modestly 0.3 percent month over month, according to the Federal…