Trends
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The year-over-year increase of 6.1% is the greatest since June 2021, according to the association.
On a monthly basis, however, home sales were down 13.1%, RE/MAX said.
More buyers are touring homes and applying for mortgages as the 2024 housing market enters its home stretch, according to a new Redfin report.
Taylor Swift’s cultural impact has moved beyond music and fashion into the design of ultra-high-end real estate.
Despite the new record in September, the rate of increase continues to slow.
The new findings come from real estate tech strategist Mike DelPrete.
The increase follows two months of declines, the National Association of REALTORS® said.
Multifamily construction, meanwhile, rose on a monthly basis.
Homeowners and buyers will prioritize nostalgic, old-world design sensibilities juxtaposed with modern sustainability technologies next year, according to Zillow.
Looking ahead, the CoreLogic Home Price Insights report predicts home prices will dip by 0.1% in October on a month-over-month basis.
A growing number of renovating homeowners now classify their primary bathroom as a “wet room,” according to the 2024 Houzz Bathroom Trends Study.
Sustainability and housing affordability are on the top 10 list.
The S&P CoreLogic Case-Shiller U.S. National Home Price Index hit a new record in August, marking the 15th month in a row of new highs.
The median price of a new home sold during the month was also up, according to the U.S. Census Bureau and the U.S. Department of Housing and Urban Development.
Sales slid 1% compared to August, the National Association of REALTORS® said.
Multifamily starts, meanwhile, declined, the U.S. Census Bureau and the U.S. Department of Housing and Urban Development said.