80% of Metros See Double-Digit Price Gains in 2QNAR: Median home prices in the second quarter were up 14.2%, but Fla. saw bigger gains. Of the top 10 U.S. metros for home-price increases, Fla. had 7 ranking cities.
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80% of Metros See Double-Digit Price Gains in 2QNAR: Median home prices in the second quarter were up 14.2%, but Fla. saw bigger gains. Of the top 10 U.S. metros for home-price increases, Fla. had 7 ranking cities.
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NAR’s Yun: Any Economic Downturn Likely MildThe chief economist pointed to signs of a recession – and signs that suggest no recession. At the least, he says, the latter should block a major economic slowdown. …continue
New Home Sales Sink 8.1% in JuneBuilders say it’s the lowest level since the start of the pandemic (April 2020), with buyers priced out due to high interest rates and ongoing building and development costs. …continue
Fla.’s June, 2Q Home Sales: Listings and Prices UpFlorida Realtors: Fla.’s single-family median price up 19.7% to $420K. Condo median price up 26.4% to nearly $325K. Inventory rising as new listings increase. …continue
Case-Shiller: Home Prices Up 20.4% in AprilPrices remained up 20% year-to-year in April, but the monthly rate of increase appears to be slowing as the Fed’s interest rate hikes seem to be having an impact. …continue