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
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
2 of 3 Fla. Sellers in April Got Asking Price or MoreFlorida Realtors economist: Most Fla. home sellers accepted offers at or above their asking price – and 1 in 5 (20%) Fla. sellers get at least 5% more. …continue
April Housing Starts Steady but Single-Family Drops 7.3%Housing starts fell just 0.2% in April, but multifamily starts rose 15.3% to offset the single-family drop. NAHB cites “weaker confidence in the single-family market.” …continue