A monthly update of housing market supply, demand, and prices.
Home sales in August fell 5.5 percent compared to last year, the largest decline posted since July 2016.
Home Prices Surged 7.7 Percent in August as Inventory Fell 12.4 Percent Read More »
Home prices increased 6.8 percent from last year
The median home sale price increased 7.3 percent from a year ago to $298,000 in June. This is the highest national median sale price recorded since we began keeping track in 2010. Despite record-high buyer demand during the busy spring market, sales only increased 1.9 percent compared to last year, constrained by a low supply
The median home sale price increased 6.8 percent in May to $288,000. Sales increased 7.5 percent compared to last year, a strong gain despite a severe shortage in the number of homes for sale. Market Summary May 2017 Month-Over-Month Year-Over-Year Median sale price $288,000 2.9% 6.8% Homes sold 287,000 19.5% 7.5% New listings 360,800 9.6%
May Housing Market Set New Records for Low Supply, Speed and Competition Read More »
The typical home that sold last month went under contract in just 40 days, and the market is likely to accelerate further
Homes Sold Faster Than Ever in April; Prices Marched Upward Read More »
The strong March housing market was followed by a significant boost in home-seller confidence this April.
Home-Seller Confidence Blooms this Spring Read More »
