The National Association of Realtors’ pending home sales index, a forward-looking indicator based on contract signings, was down 21.8 percent in April. Source: Inman News
Posts published in “Markets & Economy”
The number of U.S. homes in the process of foreclosure that are currently sitting empty barely changed between the first and second quarters of 2020,…
Sales of new single-family homes rose 0.6 percent to a seasonally adjusted rate of 623,000 in April, according to U.S. Census Bureau data released Tuesday. …
Home prices were up 1.7 percent quarter-over-quarter and 5.7 percent year-over-year, according to the Federal Housing Finance Agency. Source: Inman News
Home prices rose 4.4 percent, up from 4.2 percent in the previous month, according to the S&P CoreLogic Case-Shiller U.S. National Home Price NSA Index. …
The market hasn’t fully recovered yet, but agents in luxury markets told Inman that deals are still happening and activity appears to be on the…
Markets with stringent lockdowns saw new listings plummet by 90 percent, while other markets saw no change. According to an analysis by Mike DelPrete, as…
Homes sat on the market 15 days longer than last year during the week ending May 16, resulting in the greatest increase in time on…
Existing-home sales in April fell 17.8 percent from March and were 17.2 percent below where they were in April 2019. Source: Inman News