Category Archives: Home sales

Home sales in China drop sharply

Home sales in China are stalling as restrictions on loans and worries about the financial health of developers deter homebuyers, casting a veil on an industry that is at the heart of China’s economy. In recent days, many top developers have reported declining sales figures for September, with many showing year-over-year declines of more than […]

Luxury home sales in Newport boom in 2021

NEWPORT – At the end of last month, the historic Miramar Estate on Bellevue Avenue sold for $ 27 million, the latest in a string of multi-million dollar mansion sales this year in Newport. The 30,982 square foot estate consists of three properties – the mansion, a shed, and a separate, vacant 1 acre beachfront […]

RSAR Releases September 2021 Existing Home Sales Report (Sponsored)

Better market information RENO, Nevada (October 2021) – The Reno / Sparks Association of REALTORS® (RSAR) today released its September 2021 report on existing home sales in Reno / Sparks and Fernley, including the median sale price and the number of home sales in the area. RSAR obtains its information from the Northern Nevada Regional […]

Record home sales up 272% in Hyderabad: Knight Frank report

Hyderabad: Post Unlock 2.0, Hyderabad’s real estate market is on the road to recovery. The city reported a 272% increase in home sales, while a 650% growth in new launches in the third quarter (July – September 2021), according to Knight Frank’s quarterly report. Approximately 5,987 units were sold and 9,256 new units were launched […]

Pending home sales soared in August after 2 months of decline

In June and July, pending home sales started to decline. Pending home sales represent contracts signed to buy existing homes, and when those sales start to drop, it’s a sign that demand for homes is starting to drop. Buyers may have been encouraged by these initial summer numbers, as a downturn in the housing market […]

For-Profit Home Sales at Decade High

Tight listings, record mortgage rates and extraordinary growth in home values ​​in Australia have led to the best returns for sellers in over a decade. According to the latest CoreLogic Pain and Gain report, over 90% of homes sold in the June quarter ended in profit, an increase of 9% from the first quarter of […]

Pending home sales beat projections after 2 months of decline: NAR

Pending home sales finally saw positive growth in August, after two straight months of declines in June and July, the National Association of Realtors reported. Pending home sales rose 8.1. % in August, after two consecutive months of decline in June and July, depending on the National Association of Realtors (NAR) Pending Home Sales Index […]

Pending home sales unexpectedly rise as housing market paves the way for a rebound

Numbers: The number of home buyers who signed a home purchase contract in August has jumped, far exceeding economists’ expectations. Pending home sales rose 8.1% in August from July, according to National Association of Realtors reported wednesday. Economists polled by MarketWatch had forecast a 0.4% increase in pending home sales in August. Still, compared to […]

Dubai real estate markets set new home sales record of over $ 10 million – after 54 deals

“As has been the case throughout the pandemic, current and future homeowners have their sights set on large homes, whether for more space for a home office or to access additional space, to inside or outside ”, explains Faisal Durrani, Partner – Head of Middle East Research. Image Credit: Gulf News Archives Dubai: Residential property […]

Sustained rise in mortgage rates could reduce home sales

Mortgage rates have rebounded to levels not seen since July following signals from the Federal Reserve last week that it may start cutting its purchases of long-term mortgages and Treasury bonds later this year. The Fed’s debt purchases have helped keep long-term interest rates low. But that’s not all that can scare investors off buying […]