RE/MAX, Denver, said December home sales increased more than 20% year-over-year amid record-low housing inventories.
Tag: RE/MAX
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Housing Market Roundup, Jan. 4, 2021
We hope you had an enjoyable holiday break. Here is a summary of some reports that came out over the holidays:
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RE/MAX: October Homes Sales at Fastest Pace in a Decade
RE/MAX, Denver, said for the first time since 2009, homes sold faster in October than the preceding summer peak season.
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Housing Market Roundup
It’s been a busy week here, with the Mortgage Bankers Association’s Annual Convention & Expo wrapping up. Here is a summary of some key housing market reports that took place over the past week. A major theme: tremendous housing market resiliency amid continued economic turmoil.
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RE/MAX: ‘Blistering Hot” Housing Market Sets August Records
The RE/MAX August National Housing Report cited records for lowest inventory as well as highest median sales price. Home sales rose by 4.3% and marked the third-highest total in the report’s 13-year history covering 53 metro markets.
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RE/MAX: July Home Sales Show Reversal of Pandemic Slowdown
Despite a limited supply of homes for sale across most metros in the U.S., July home sales continued a recent month-over-month incline, said RE/MAX, Denver.
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RE/MAX: June Home Sales Amid Strong Home Buyer Demand
Despite record low inventories, RE/MAX, Denver said June home sales posted a solid 37 percent gain as more states loosened stay-at-home mandates stemming from the coronavirus pandemic.
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RE/MAX: Home Sales Fell in May Amid Pandemic
Despite a rosier report this week from HUD and the Census Bureau, which reported a 16.6 percent increase in May new home sales, the overall home market suffered a bit, according to RE/MAX, Denver, which reported “muted” home sales activity in May.
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Home Prices Rising Despite Coronavirus
Several reports this week suggest despite the crippling effect the coronavirus has had on the spring housing market, home prices continue to increase.
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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).