While non-luxury homebuyers are beholden to mortgage rate fluctuations, luxury buyers are using their stock market gains to boost their purchasing power — pushing luxury…
Posts published in “median sales price”
The gain in existing-home sales once again reflects just how much consumers respond to lower mortgage rates, NAR Chief Economist Lawrence Yun said during a…
The 20.5 percent increase was unexpected and reversed a trend of lower new-home sales thus far in 2025. Source: Inman News
Sales of new single-family homes dropped 8.2 percent year over year to a seasonally adjusted annual rate of 652,000, which still beat analysts’ expectations of…
Despite ample inventory and more affordable prices, seasonally adjusted new residential sales dropped 6.6 percent annually. Experts attributed the drop to mortgage rates as the…
The median home sale price ticked up to $399,633 as pending sales saw a 3.5 percent drop annually. Still, mortgage applications, home touring and Google…
New-home sales improved across the board in January, according to the U.S. Census Bureau and the Department of Housing and Urban Development on Monday. New-home…