Tag Archives: home sales

Mortgage rates soar, home sales plummet for the 7th month and suddenly here are the new listings

But that still doesn’t reflect the recent spike in mortgage rates to 4.5%. By Wolf Richter for WOLF STREET. OK, the “existing home sales” data released today by the National Association of Realtors was for February, and in February average mortgage rates were much lower than today. In mid-February, the average 30-year conforming fixed mortgage […]

This week: Fed statement, FedEx wins, US home sales

A look at some of the major trade events and economic indicators to come this week: AN EYE ON THE FEDERATION The Federal Reserve wraps up a two-day meeting of policymakers with an economic policy and interest rate update on Wednesday. Most analysts expect Fed officials to announce the first of several expected increases in […]

Minnesota home sales decline in February amid inventory reduction

article Dwindling inventory and rising prices pushed Minnesota closed-home sales down 12.9% from the previous February. (FOX 9) – Dwindling inventory and rising prices pushed Minnesota closed-home sales down 12.9% from the previous February. According to Minnesota Realtors, a membership organization supporting the state’s 22,000 real estate agents, new listings were down 8.5% from a […]

HomesUSA: Houston new home market ‘slowly returning to normal’

Despite inventory issues, the new home market in Houston is showing signs of improvement. A new report from HomesUSA.com found that new homes are staying on the market longer and prices and sales are stabilizing. The report, which includes findings for Houston, Dallas-Fort Worth, Austin and San Antonio, is based on data from the Houston […]

Low-cost home sales plummet in Palm Beach County, high-priced home sales climb

Douglas Elliman’s report reveals that it’s all about supply and demand… BY: STAFF REPORT | BocaNewsNow.com BOCA RATON, FL (BocaNewsNow.com) (Copyright © 2022 MetroDesk Media, LLC) – There has been a huge drop in low-cost home sales in Palm Beach County, but home sales valued at $1 million dollars or more continue to be robust. […]

Federal National Mortgage Association: Consumption and existing home sales improved in January, but headwinds for the economy and housing have intensified since then

Key points to remember: Gross Domestic Product (GDP), adjusted for inflation, rose at a seasonally adjusted annualized rate (SAR) of 7.0% in the fourth quarter of 2021, according to the second estimate from the Bureau of Economic Analysis (BEA), an increase of one tenth from the preliminary […]

Affordability in the new home market is rapidly declining

New Home Market Affordability Decreasing Rapidly | Realtor Magazine Internet Explorer does not currently support searching for REALTOR® magazines. IE users, please download Firefox, Chrome or Edge. New home buyers face even higher prices. The median selling price of a newly built single-family home rose to $423,300 in January, up […]

Oakland Co. home sales continue to smash records, despite seasonal decline – The Oakland Press

According to the report you read, January residential home sales in Oakland County slowed 8.8% for closed and pending sales according to RealComp, or 13.4% according to South Re/MAX -eastern Michigan. The differences, said Jeanette Schneider, president of Troy-based RE/MAX in southeastern Michigan, depend on the day the numbers are counted for each report’s month, […]

CAGR growth of -1.9% over the forecast period 2022-2028 – Cleveland Sports Zone

As the global economy recovers, Global’s 2021 growth “Evaporative Air Cooler for the Home Market” will have a significant change from the previous year. According to our latest study, the Home Evaporative Air Cooler market size is USD 864.8 million in 2021, in USD million in 2022, with a % change between 2021 and […]

Second Home Rate Locks Are On The Rise – NMP

In the first quarter of 2021, the percentage of second home mortgage rate locks hit an all-time high, with the second home share reaching 5.7%. Subsequently, the percentage of second homes locked fell to 4.6% in the second quarter and 4.5% in the third quarter. But the share of second home transactions rebounded in the […]

Landed home sales hit record $8.9 billion in 2021: Knight Frank

Credit: Samuel Isaac Chua/The Edge Singapore SINGAPORE (EDGEPROP) – According to a Knight Frank research report, $4.3 billion worth of landed houses were traded as of 2H2021 with 421 units changing hands, representing a 6.2% drop in the total value of landed houses. sales on a semi-annual basis. Nonetheless, this brings the total value of […]

New home sales rose 12% in December

Sales of new homes rose 12% last month, according to data released Wednesday by the Census Bureau and the Department of Housing and Urban Development, but fell sharply from December 2020 levels. The seasonally adjusted annualized rate of new homes sold rose to 811,000 in December from a downwardly revised rate of 725,000 in November. […]

2021 has been a ‘fantastic year’ for home sales despite low inventory and high prices: RE/MAX

The housing market in 2021 was the busiest ever, according to a new RE/MAX report, with a record number of homes being sold at a blistering pace. (iStock) According to RE/MAX’s latest National Housing Report, the past year has presented significant headwinds for homebuyers between record home prices and record housing inventory. But motivated buyers […]

Sales of fast-moving homes hit a 15-year high last year

Existing home sales hit a 15-year high in 2021, according to the National Association of Realtors. Last year, about 6.1 million homes were sold, an 8.5% jump from the previous year. Despite the high volume of sales, inventories remained tight in many markets as demand was high and sales closed so quickly. On the popular […]

Home sales increased in November. Will this trend continue in 2022?

In 2021, the housing market was very difficult for buyers to navigate. That’s because home values ​​have skyrocketed nationwide, putting many potential buyers in a tough spot. One would think that rising house prices would have put buyers off and forced a pullback in the housing market. But the November sales figures say otherwise. In […]

Existing home sales up in November

U.S. home sales ended 2021 on a weak note in December, but annual sales activity for the full year hit its highest level since 2006. Sales of existing homes fell 4.6% to 6.18 million seasonally adjusted units in December from the previous month, according to the National Association of Realtors (NAR). November existing home sales […]

Luxury home sales jump in 2021

Overall, 18 of 19 markets saw impressive sales increases, with the biggest increases in smaller urban markets like Barrie, London, Kitchener-Waterloo and Hamilton — all in Ontario — where sales of homes priced exceeds $1 million soared approximately 518%, 255%, 208%, and 200%, respectively. Canada’s largest markets for luxury homes — Metro Vancouver and the […]

Home sales in Canada set a new record in 2021, surpassing the previous record by 20%: ACI – National

The Canadian Real Estate Association says annual home sales hit a new high in 2021, eclipsing the previous record set in 2020 by about 20%. The association said Monday that about 667,000 residential properties changed hands in 2021, about 30% more than the 10-year average. However, home sales in December were little changed from November […]

Eau Claire Co. beats 2020 home sales, but other Chippewa Valley areas fall short

Jan. 17 – EAU CLAIRE – Strong home sales in December helped the state stay above 2020 numbers and set Wisconsin’s new record last year. There were 89,936 homes sold in 2021 in the state, breaking the record set the previous year of 608 homes, according to statistics released Monday by the Wisconsin Realtors Association. […]

Home sales post biggest monthly decline since pandemic began

Nassau County, New York, saw the biggest drop in sales since last year, down 22.3% Newsday via Getty Images Fewer homes than ever were for sale in December, leading to a 3.6% decline in seasonally adjusted home sales, according to a new report from Redfin, the tech-focused real estate brokerage. This is the largest month-over-month […]

Home sales in the United States register the largest drop since the start of the pandemic

Record high inventories drove seasonally-adjusted home sales down 3.6% nationwide in December, according to a new Redfin report released Friday. Record inventories caused seasonally-adjusted home sales to fall 3.6% nationwide in December, according to a Redfin report. This is the largest month-over-month decline since the start of the pandemic. But it’s not because buyers have […]

Smart Home Market Size ($128.5 Trillion, CAGR 7.8%), Competitors, Industry Analysis, Growth, Segments and Forecast 2022-2028

Smart home market size with emerging trends and revenue estimation by 2028 This press release was originally distributed by SBWire London, United Kingdom – (SBWIRE) – 01/13/2022 – The Smart Home Market research report covers updated information on this industry vertical along with an in-depth analysis of growth markers that will expand the commercial landscape […]

What are as-is home sales

Selling a home can be a long process. From hiring a real estate agent to reaching a final agreement, selling a home is full of paperwork and detailed requirements. Yet, while most buyers want a home that can be lived in immediately and needs few repairs, these days more and more sellers are setting up […]

Experts divided on whether home sales will rise or fall in 2022

A panel of economists and housing experts is also split on whether sales will rise or fall in 2022, as worries about deteriorating affordability collide with expectations of rising inventories. Surveyed, 41% of respondents to the latest Zillow survey on house price expectations (ZHPES) said sales will increase, 41% predict a slowdown and 18% believe […]

Rural home sales see major surge during pandemic in Poconos

New research shows home sales rose significantly from 2019 to 2020, and Newswatch 16’s Courtney Harrison spoke to a real estate agent about the trend. WAYNE COUNTY, Pa. — Sale signs don’t last long in front of homes near Lake Wallenpaupack, where the real estate market has been hot. Will Clauss is a realtor working […]

The US new housing market contracted in 2021

BrianAJackson / iStock via Getty Images The US new housing market contracted in 2021. This result can be seen in the latest update of our chart plotting the last twelve month average of the new housing market capitalization in the United States, which has fallen to a low. initial estimate of $ 26.64 billion in […]

Home prices in Australia hit record high in 2021 amid 40% rise in home sales

Australian home prices suffered a bumper in 2021 as lower interest rates pushed values ​​higher, with values ​​in Sydney alone rising on average by $ 4,200 each week. Figures from real estate consultant CoreLogic released on Tuesday showed some heat exiting the market as national home prices rose 1.0% in December, down from 1.3% in […]

Record year for home sales | Local news

Home sales in the Golden Islands continued to hit new highs in 2021 in what continues to be a seller’s market. Home prices have increased 17% in the past year, with the median home price rising to $ 310,000, according to the Georgia Association of Realtors. The increase is due to a 5% drop in […]

Imminent drop in the home sales index

A gauge of U.S. pending home sales dropped unexpectedly in November as high prices and low inventory capped home buying. The National Association of Realtors’ pending home sales index fell 2.2% from the previous month to 122.4, data showed Wednesday, more than all estimates for a Bloomberg survey. An index of 100 equals the level […]

New York home sales could slow in 2022

Bess Freedman, CEO of Brown Harris Stevens (Brown Harris Stevens, iStock) After 2021 marked a banner year for housing markets in Manhattan and Brooklyn, New York home sales could slow in 2022, BHS CEO Bess Freedman said. Freedman told Bloomberg TV’s Surveillance that rising interest rates and housing supply issues could spur the city’s change […]

New home sales increase in the United States in November

Numbers: New home sales in the United States jumped 12.4% to a seasonally adjusted annual rate of 744,000 in November, from 662,000 revised the previous month, the government reported Thursday. The revised October sales total was the lowest since the worst pandemic period in April 2020. Despite the jump, the pace of sales was lower […]

Home sales continue to climb in November as prices rise

The median selling price of existing homes rose 13.9% year-over-year to $ 353,900. Getty Existing home sales rose a modest 1.9% in November, once again pushing prices up and reducing inventory, according to the National Association of Realtors. The median price of existing homes for all housing types in November was $ 353,900, up 13.9% […]

How rising rates affect potential home sales – NMP

First American’s proprietary Home Sales Potential Model measures what the healthy level of the home sales market should be based on economic, demographic and housing market fundamentals. For the month of November, the main takeaways were as follows: Potential sales of existing homes declined to 6.26 million annualized rate (SAAR), which is a 79.5% increase […]

Rising Rates May Not Slow Home Sales, Says First U.S. Model of Potential Home Sales

SANTA ANA, Calif .– (COMMERCIAL THREAD) –America’s leading financial company (NYSE: FAF), a leading global provider of title insurance, settlement services and risk management solutions for real estate transactions, today released First American’s exclusive home sales potential sales model for the month of November 2021 The potential home sales model measures what the healthy level […]

Increase in sales of existing homes in November

Home sales in the United States increased in the penultimate month of the year. Existing home sales rose 1.9% to 6.46 million seasonally adjusted units in November from the previous month, according to National Association of Real Estate Agents (NAR). The number of sales is down 2% from the same month a year ago, when […]

US Existing Home Sales Rise in November; Supply remains tight | Investment News

WASHINGTON (Reuters) – U.S. home sales rose for a third straight month in November, but supply remained tight, keeping home prices high and crowding out first-time buyers. Sales of existing homes rose 1.9% to a seasonally adjusted annual rate of 6.46 million units last month, the National Association of Realtors said Wednesday. Sales increased in […]

Existing home sales data continues to outperform

However, before getting into this report, I need to explain why so many people missed out on this surge in demand in the second half of 2021. It’s the same reason I’ve given for many years: American bears hosting generally addicts can I do not read the data correctly, and the mortgage purchase application data […]

U.S. Home Sales Will Rise 7.1% in 2021, Fall in Next Two Years – Fannie Mae | Investment News

CHICAGO (Reuters) – U.S. home sales are expected to end 2021 up 7.1% but are expected to decline over the next two years as limited supply, as well as rising mortgage rates and prices , are cooling the residential real estate market, Fannie Mae said on Monday. The government-sponsored firm’s Economics and Strategy Research Group […]

Lending apps fall in otherwise record new home market

Consumer financing requests from homebuilders fell in November, unlike average loan size and sales estimates in the same month, which set new survey records, according to the Mortgage Bankers Association. Loan applications for new home purchases fell 2.2% from a year earlier and 3% from October while the other two numbers mentioned above reached the […]

China’s domestic market slump worsens as prices fall for third month

(Bloomberg) – Home prices in China fell for a third straight month in November, adding to a slump in the housing sector that is hurting growth in the world’s second-largest economy. New home prices in 70 cities, excluding state-subsidized housing, fell 0.33% last month from October when they fell 0.25%, figures showed on Wednesday from […]

15 cities with the most home sales per capita

sirtravelalot / Shutterstock.com Editor’s Note: This story originally appeared on Porch. Unusually high demand in the real estate market has been a constant fact throughout the COVID-19 pandemic. While real estate sales – like most aspects of the economy – came to a halt in March and April 2020, buyers have since bought homes quickly, […]

Half of single-family home sales in the Santa Rosa-Petaluma area during the pandemic have cost more than the asking price

As the North Bay housing market boomed during the pandemic, more than half of single-family homes sold in the Santa Rosa-Petaluma area exceeded asking price, according to a new report. A study by Porch Group, a website for finding home insurance and other services, reported that 53% of home sales in the area between January […]

RSAR Releases November 2021 Existing Home Sales Report

The Reno / Sparks Association of REALTORS® (RSAR) today released its November 2021 report on existing home sales in Reno / Sparks and Fernley, including the median sale price and number of home sales in the region. region. RSAR obtains its information from the Northern Nevada Regional Multiple Listing Service. During the month of November, […]

Most Expensive Evergreen Castle, Gold Record – The Denver Post

After five years in the market, a limestone castle in Evergreen finally crowned a buyer last month. The 21,692-square-foot mansion sits on 35 acres at 600 Chateau V Road and sold for $ 9.5 million on November 17, taking first place among local home sales in November. Evergreen Castle was listed in 2016 for $ […]

Housing Snapshot: 2022 Will See Continued Increase In Home Sales And Prices, Report Says

kali9 / Getty Images Anyone looking for a new home should have a better chance of finding one in the next year, as the supply of new homes approaches demand, but you can still expect historically high prices to drop. everywhere, according to a new report from Realtor. com. See: Buying A Home Is Crazy […]

US home sales could hit their highest level since 2006

Image source: Getty Images Despite the high prices, home buyers are not backing down. Key points Existing home sales rose 0.8% in October from September. They are now on track to reach their highest level in 15 years. Home sales often peak in the spring and summer, then begin to decline as the year draws […]

While waiting for the shock of home sales, the real estate crash of 2021 carries

As we can see below, housing moderated, found a base and increased around the second half of 2021. I emphasize this point because many people had sent me sample YouTube videos. with people touting a real estate crash in the second half of the year. I can tell you that these people do not have […]

Greater Fort Lauderdale area breaks annual home sales record in 2021

E-mail Sign up for our free weekly newsletter Broward County in Florida broke its record for the most annual home sales in just 10 months, as total sales for October 2021 pushed the market to the bottom, according to new data from the Miami Association of Realtors. above the old standard. Total Broward County home […]

Cities with the most home sales per capita

Photo credit: Konstantin L / Shutterstock Unusually high demand in the real estate market has been a constant fact throughout the COVID-19 pandemic. While real estate sales, like most aspects of the economy, came to a halt in March and April 2020, buyers have since bought homes quickly, often offering to pay above asking prices […]

U.S. home sales edged up in October, as prices continue to rise

Existing home sales, which include single-family homes, townhouses, condominiums and co-ops, were up 0.8% month over month. After slowing down during the summer, sales revived in September, which saw a monthly increase of 7%. Year over year, home sales were down 5.8% from October 2020, marking the cyclical peak of the pandemic spike in home […]

LIVE MARKETS Sales of existing homes: everything old becomes new again

Three major US stock indexes green, but the Nasdaq is far from the peaks Energy leads the gains among S&P sectors; lone loser comm svcs Euro STOXX 600 index up 0.2% Dollar, rise in crude; gold bitcoin down The 10-year US Treasury yield is ~ 1.60% November 22 – Welcome home for real-time market coverage […]

Housing market potential grows modestly, according to first US model of potential home sales

SANTA ANA, Calif .– (COMMERCIAL THREAD) –America’s leading financial company (NYSE: FAF), one of the world’s leading providers of title insurance, settlement services and risk management solutions for real estate transactions, today released First American’s exclusive home sales potential sales model for the month of October 2021. The potential home sales model measures what the […]

Housing market potential grows modestly, according to first US model of potential home sales

—Strong demographic demand will continue to act like the wind in the sails of the real estate market, according to chief economist Mark Fleming— SANTA ANA, California, November 22, 2021– (COMMERCIAL THREAD) –America’s leading financial company (NYSE: FAF), a leading global provider of title insurance, settlement services and risk management solutions for real estate transactions, […]

US home sales peak in nine months

Home sales in the United States unexpectedly surged in October, reaching their highest level in nine months, although higher prices amid tight supply continued to exclude first-time buyers from the market . The National Association of Realtors report released on Monday also showed an increase in the share of investors buying homes last month, likely […]

Existing home sales increase slightly, but inventories are tightening again

Sales of existing homes increased in October, second consecutive month of growth. The National Association of Realtors® (NAR) said sales of used single-family homes, townhouses, condos and co-op apartments were at a seasonally adjusted annual rate of 6.34 million units. That rate was 0.8% higher than the 6.290 million rate in September, but 5.8% lower […]

As inflation rises, home sales are expected to decline over the next 2 years

Inflation is heating up and could accelerate further, but the impact on mortgage rates is expected to be modest thanks to the Federal Reserve’s clear roadmap on its plans to withdraw support from mortgage markets in the coming months. It is according to the latest economic and real estate forecasts from economists at mortgage giant […]

The off-season mortgage rebound could bode well for home sales in the fall

The rebound in mortgage rates did not deter buyers last week, with demand for purchase loans increasing for the second week in a row. A weekly survey by the Mortgage Bankers Association found that requests for purchase loans increased week-over-week by 2 percent seasonally. Even though home purchase loan applications were down 6% from a […]

Houston home sales drop in October due to labor and supply shortages

Monthly home sales fell only for the second time this year, as low inventories and fierce competition pushed some buyers out of the way as material and labor shortages slowed the downturn. construction of new houses. Single-family home sales fell 5.2% in October from a year earlier to about 8,700, the Houston Association of Realtors […]

Mixed house sales figures for October – bizwest

The cities of Boulder Valley and northern Colorado experienced mixed results for home sales prices during the month of October. The region’s multiple listing service, Loveland-based Information and Real Estate Services LLC, released October figures on Monday. Those whose median prices increased from the previous month include Boulder and Loveland. Those down were Estes Park, […]

India’s furniture and home market to reach $ 40 billion by 2026: report

Driven by pent-up and delayed demand, India’s online furniture and home market is expected to reach $ 40 billion over the next five years, according to a new report released on Monday. Over the next five years, online furniture and home sales are expected to increase at a strong CAGR of 39%. The online home […]

India’s online furniture and home market will reach $40 billion by 2026

Driven by pent-up and delayed demand, India’s online furniture and domestic market is expected to reach $40 billion over the next five years, according to a new report released on Monday. Over the next five years, online furniture and home sales are expected to grow at a CAGR of 39%. The online home category includes […]

How Agent Assisted Home Sales Compare to Owner-Assisted Home Sales | New

When it comes to selling a home, the process can be stressful, exciting, or in many cases, both. Listing your home in a booming market allows you to take advantage of competitive offers, quick home sales, and above-average selling prices. However, it also means that you have to deal with visits, contracts, inspections, negotiations, appraisals […]

UK home sales accelerate as backlog decreases

The backlog of property transactions in the UK is starting to shrink, accelerating home sales in what is expected to be one of the busiest years on record across the country, according to a report published Tuesday by Rightmove. The average time from closing a sale to closing a purchase fell to 127 days in […]

Another bond deadline looms for Evergrande, other developers as home sales plummet, News from companies and markets

TOKYO (BLOOMBERG) – China Evergrande group faces another key bond payment deadline on Saturday (November 6), part of more than US $ 2 billion (S $ 2.7 billion) to come this month here to stressed Chinese real estate developers while the industry slump persists. Major builders saw home sales drop 32% last month from a […]

September home sales surged despite sky-high prices

Home prices have climbed exponentially over the past year as tight inventories and low mortgage rates have boosted buyer demand. Now, you would think that at some point buyers would have no more room in their budgets to keep paying sky-high prices. But home sales managed to rise in September despite the many reasons buyers […]

Pending home sales take a hit in September: NAR

The slowdown in contract signing in September is a likely sign that home price growth will soon come back to earth, NAR chief economist Lawrence Yun said. Pending home sales fell 2.3% in September 2021 from the previous month and fell 8% year-on-year to an index of 116.7, according to the National Association of Realtors […]

As new home sales continue to rise, where are the appliances?

Monthly durable goods orders report must come today. This means large products designed to last at least three years, such as household appliances. We recently learned that new home sales have up 14% in September from August. And new homes need new things that have been hard to come by lately. The main complaint from […]

New home sales in the United States increase much more than expected in September

(RTTNews) – New home sales in the United States soared in September, according to a report released by the Commerce Department on Tuesday. The report says new home sales climbed 14.0% to an annual rate of 800,000 in September after falling 1.4% to a downward revised rate of 702,000 in August. Economists expected new home […]

“A Buyer’s Market”: Home Sales Up 57% in Level 1 Cities in India

NEW DELHI: Home sales in Tier 1 cities of Ahmedabad, Bangalore, Chennai, Hyderabad, Kolkata, Mumbai Metropolitan Region (MMR), National Capital Region (NCR) and Pune jumped 57% , according to a report by Liases Foras Real Estate Rating & Research shown. The top eight real estate markets sold 66,548 units in the September quarter (Q2 FY […]

Second home market trends: what agents need to know

After years of fairly predictable sales, second home purchases began to show signs of a small but steady increase in the late 2010s. Interesting, but not remarkable – until the pandemic struck. Suddenly, the idea of ​​owning a second home, perhaps to escape crowded cities, has become appealing to more buyers, and the demand has […]

US sales of existing homes rebound in September, up 7%

Sales of existing homes rose 7% to 6.29 million occasionally changed units in September from the previous month, as reported by the National Association of Realtors (NAR). The results exceeded reviewers’ assumptions for a 3.6% increase, according to Bloomberg estimates. Yoon noted that the surge in activity last year, due to the departure of COVID-19 […]

No more “slow season” as home sales post the highest numbers since January 2020

FatCamera / iStock.com Seasonality plays an essential role in the housing market, as it has a significant impact on the supply of and demand for housing. Transactions and prices tend to be above trend in summer, while activity slows down in winter. This year, however, the housing market still looks exceptionally strong in what is […]

Sales of existing homes in the United States rebound in September, up 7%

Home sales in the United States rebounded in September. Existing home sales rose 7% to 6.29 million seasonally adjusted units in September from the previous month, according to National Association of Real Estate Agents (NAR). The results exceeded analysts’ expectations of a 3.6% increase, according to Bloomberg consensus estimates. “This fall appears to be the […]

Existing home sales crush housing bears – again

The National Association of Real Estate AgentsThe existing home sales report for September came in at an excellent pace from estimates to 6.29 million. Now that we’re only 10 days away from Halloween in 2021, we can all laugh a little bit about how wrong the 2020-2021 housing bears got it wrong. Especially all those […]

Home sales rebound, as prices continue to climb

Tight home inventory, which improved earlier in the year, worsened again in September and prices continued to climb, according to a report by the National Association of Realtors. September saw a 7% monthly increase in existing home sales, which include single-family homes, townhouses, condominiums and co-ops. But sales are down 2.3% from a year ago, […]

Do solar panels increase the value of the home? Understanding Solar Home Sales

Over the past decade, more and more potential buyers are willing to pay more for houses equipped with photovoltaic (PV) panels. The energy savings associated with solar, as well as the growing interest in environmental sustainability, are among the reasons why. But the size of this premium and the potential energy savings generated by a […]

This week: Tesla wins, US home sales, AmEx wins

A look at some of the major trade events and economic indicators coming up this week: CHARGE Wall Street expects another solid quarterly snapshot from Tesla. Analysts predict that the electric vehicle maker will announce on Wednesday that its profits and revenues increased in the third quarter compared to the same period last year. This […]

Free webinar explains how to enter the luxury home market – RISMedia

It’s no secret that the real estate market has been booming in recent years, especially when it comes to luxury or upscale homes. In reality, according to the National Association of REALTORS® (NAR), the percentage of new homes sold above $ 750,000 has increased 40% in just one year. Suffice it to say, now is […]

Tesla wins, US home sales, AmEx wins

The Associated Press18 October 2021 GMT A look at some of the major trade events and economic indicators coming up this week: CHARGE Wall Street expects another solid quarterly snapshot from Tesla. Analysts predict that the electric vehicle maker will announce on Wednesday that its profits and revenues increased in the third quarter compared to […]

This week: Tesla wins, US home sales, AmEx wins

A look at some of the major trade events and economic indicators coming up this week: CHARGE Wall Street expects another solid quarterly snapshot from Tesla. Analysts predict that the electric vehicle maker will announce on Wednesday that its profits and revenues increased in the third quarter compared to the same period last year. This […]

This week: Tesla wins, US home sales, AmEx wins

A look at some of the major business events and economic indicators to come this week: CHARGED UP Wall Street expects… A look at some of the major trade events and economic indicators coming up this week: CHARGE Wall Street expects another solid quarterly snapshot from Tesla. Analysts predict that the electric vehicle maker will […]

Home sales set to close 2021 with surprising strength

Homebuyers have yet to falter in the face of relentlessly rising home prices, leading economists at Fannie Mae to “significantly improve” their forecast for existing home sales in the last half of the year. year. While housing demand remains strong, there are no signs of relief on the supply side, and listing shortages are expected […]

From home sales and jewelry to energy consumption, these sectors are back to pre-pandemic levels

Increases in demand in several sectors are behind a rebound in economic activity and a rebound in corporate profits. Mobility across India exceeded pre-pandemic levels for the first time in September, according to Google’s COVID-19 Community Mobility Report. In addition, as the festivities begin and economic activity explodes, many sectors see the surge in demand […]

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 […]

Home sales in China drop sharply

Home sales in China stall as loans and concerns 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 lower sales figures for September, with many showing year-over-year declines of more than 20% or 30%. […]

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 […]

Gazprom prioritizes Russia’s domestic market for winter

MOSCOW, October 5 (Reuters) – Gazprom, Russia’s leading gas producer GAZP.MM plans to prioritize its domestic market over export sales because the winter will be cold and snowy, the head of its domestic gas sales business said on Tuesday, as quoted by Interfax. Demand for gas has increased in part in response to economies recovering […]

Is Cooldown Coming For D-FW’s Searing Home Market?

The North Texas real estate market is having a record year for both sales and prices. But don’t be surprised if the pace of housing gains slows in 2022. While house costs in the Dallas-Fort Worth area have increased by about 17% in 2021, price increases are expected to average just under 5% over the […]

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 […]

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 […]

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 […]

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 […]

Tap into the hot second home market

You’ve probably seen the data: Second home sales have exploded. Interest in second homes was steadily increasing before COVID, but the pandemic has pushed demand to a year-over-year high of 178% in April 2021. Although the market has slowed, the probable cause is not a lack of desire for a second home, but skyrocketing prices, […]

Record home sales don’t stop

LIMA – Pam Daley-Jennings answered the question before it was asked. “No. Never. I’ve been doing this for 35 years and I’ve never seen a home sell like they’ve been in recent years,” said the owner of First Lima Title Agency. “We wonder how many houses are still for sale. So just today (Friday) I […]

New home sales jump 1.5% in August

New residence sales increased for a fourth consecutive month in August. Sales of new single-family homes rose 1.5% last month to a seasonally adjusted annual rate of 740,000, according to the US Census Bureau and the Department of Housing and Urban Development. The rate was 24.3% lower than the August 2020 reading of 977,000. Analysts […]

New home sales increase for second consecutive month

Sales of new single-family homes in August were up 1.5% from the previous month, to a seasonally adjusted annual rate of 740,000, according to a report of US Department of Commerce released on Friday. This is the second consecutive month of rising sales for homebuilders, although there is good reason to believe that the height […]

New home sales increase despite record prices

Numbers: New home sales in the United States rose in August, as the market for newly built buildings continues to show signs of stabilizing after months of decline. New home sales in the United States rose 1.5% to an annual rate of 740,000, the government said on Friday. The figure is the number of homes […]