From Our CEO
Record-Breaking Housing Market Continues: Prices Climb 11%, Pending Sales Up 15%
Home prices continued to rise during a time of year that they usually decline, and pending home sales are way up from 2019.
Sales of New-Construction Homes Rebound to Pre-Coronavirus Levels, Rising 10% in July
A surge in homebuilding before the pandemic is now driving growth in new-home sales. A shift to the suburbs and record-low mortgage rates are also contributing factors.
Luxury Home Prices Bounce Back, Rising 1.2% in Early Summer
Luxury real estate prices are rising as the coronavirus pandemic drives demand for extra bedrooms, home offices, big backyards and pools
Unseasonably Hot Late-Summer Housing Market: Prices Up 10%, Pending Sales Up 13%
Home prices typically decline this time of year after hitting a seasonal peak in late June or early July. This year, as of the four weeks ending August 9, home prices were up 3.5% month over month.
Just 6% of Homes Held Open Houses During First Week on Market in July, Down From 16% a Year Earlier
Just 6% of homes held open houses during their first week on the market in July, down from 16% a year earlier as fears around the coronavirus pandemic persist
Homebuyer Interest in Rural Areas Rises, With Prices Up 11% in July
There’s more demand—and less supply—for rural and suburban neighborhoods than cities as the pandemic influences homebuyer preferences. Still, prices are up 6.7% in urban areas.
Record-Breaking Housing Market Continues: Prices Climb 11%, Pending Sales Up 15%
Home prices continued to rise during a time of year that they usually decline, and pending home sales are way up from 2019.
Sales of New-Construction Homes Rebound to Pre-Coronavirus Levels, Rising 10% in July
A surge in homebuilding before the pandemic is now driving growth in new-home sales. A shift to the suburbs and record-low mortgage rates are also contributing factors.
Luxury Home Prices Bounce Back, Rising 1.2% in Early Summer
Luxury real estate prices are rising as the coronavirus pandemic drives demand for extra bedrooms, home offices, big backyards and pools
Unseasonably Hot Late-Summer Housing Market: Prices Up 10%, Pending Sales Up 13%
Home prices typically decline this time of year after hitting a seasonal peak in late June or early July. This year, as of the four weeks ending August 9, home prices were up 3.5% month over month.
Just 6% of Homes Held Open Houses During First Week on Market in July, Down From 16% a Year Earlier
Just 6% of homes held open houses during their first week on the market in July, down from 16% a year earlier as fears around the coronavirus pandemic persist
Homebuyer Interest in Rural Areas Rises, With Prices Up 11% in July
There’s more demand—and less supply—for rural and suburban neighborhoods than cities as the pandemic influences homebuyer preferences. Still, prices are up 6.7% in urban areas.
