Trends

For data-driven stories, to appear under “Trends” menu

New-home sales rise in December 

The median sales price of a new home was down on a monthly basis but up on an annual one. 

NAR: Existing-home sales dip 1.5% in December 

House prices, however, continued to rise, marking the 130th consecutive month for price gains, the longest streak on record, the National Association of REALTORS® said.   

Single-family starts, builder confidence rise 

The increase in builder confidence breaks a string of 12 straight monthly declines in the NAHB/Wells Fargo Housing Market Index. 

CoreLogic: Annual home-price growth rate slows to 2-year low 

Geographically, the largest home-price increases took place in the Southeast, led by Florida (18%), South Carolina (13.9%) and Georgia (13.6%), CoreLogic reported, citing its November Home Price Insights report.    

NAR: Pending-home sales slide for sixth month in a row in November 

Regionally, the pending-sales index fell 7.9% month over month in the Northeast, 6.6% in the Midwest, 2.3% in the South and 0.9% in the West. 

New-home sales rise again in November 

At the same time, the median sales price of a new house slid to $471,200 from $484,700 in October and $430,300 a year earlier, the U.S. Census Bureau and the U.S. Department of Housing and Urban Development reported. 

NAR: Existing-home sales fall 7.7% in November 

The month-over-month decline in sales came as prices rose for the 129th consecutive month, the National Association of REALTORS® said. 

New-home construction slides in November as builders pull back 

New-home permits fell 11.2% month over month, while housing completions jumped 10.8% in what one observer said could have “worrisome” long-term consequences for the nation’s housing supply. 

Homeownership still a top priority among consumers, survey finds

Current real estate market conditions have not discouraged buyers from their plans of homeownership, according to a new survey from RE/MAX.

MBA: Mortgage applications rise in latest weekly survey 

The 30-year fixed-rate inched to 6.42%, which is still close to the lowest rate in a month, the group said. 

States that saw the most pandemic-era growth are now leading in price reductions

A report from Realtor.com shows that many areas that experienced substantial growth during the pandemic are now posting some of the country’s steepest price reductions.

Redfin report shows record-high new construction inventory

A report from Redfin shows that 29% of single-family homes for sale in the U.S. were new constructions in the third quarter of 2022.

Investors made up nearly a quarter of all single-family home sales in 2022

Data from the PEW Trust shows that investment companies make up approximately a quarter of the entire single-family home market across the U.S.

NAR: Pending-home sales slide for fifth consecutive month in October 

October’s 4.6% monthly drop follows a 10.2% decline in September, the National Association of REALTORS® reported. 

S&P CoreLogic Case-Shiller: Denver housing prices continue to lose ground

Housing prices were down in all 20 cities tracked by the S&P CoreLogic Case-Shiller U.S. National Home Price NSA Index.

New-home sales post surprise gain in October as median price hits new high 

New-home sales rose 7.5% month over month, while the median price of a new house surged to $493,000 from $455,700 in September and $427,300 a year ago, the U.S. Census Bureau and the U.S. Department of Housing and Urban Development reported.   

Oops! We could not locate your form.