Several reports this week suggest despite the crippling effect the coronavirus has had on the spring housing market, home prices continue to increase.
Tag: Adam Contos
February New Home Sales Meet Expectations, Pre-Coronavirus
February new home sales dipped a bit, HUD and the Census Bureau reported yesterday. Sales of new single-family houses came in at a seasonally adjusted annual rate of 765,000, down by 4.4 percent from the revised January rate of 800,000, but 14.3 percent higher than a year ago (669,000).
Redfin: U.S. Home Prices Up 7% in December; RE/MAX: ‘Record’ Finish to 2019
Redfin, Seattle, said U.S. home-sale prices increased by 6.9% year over year in December to a median of $312,500. In a separate report, RE/MAX, Denver, said December posted a record finish to the year and decade
Housing Market Update
Reports from ATTOM Data Solutions, Redfin, Zillow, RE/MAX and Ellie Mae.
Home Reports: Prices Up, Inventories Down
Home sales, which lagged during the first part of 2019, continued their recent rebound with another strong month in October, said RE/MAX, Denver.
RE/MAX: September Home Sales Post Highest Gain in 3 Years
RE/MAX, Denver, marking the end of peak home-selling season, said September home sales rose by 8.1% year over year, the largest such increase since November 2016.