3 Things to Know in the Housing Market Today! A lot is happening in the world, and it’s having a direct impact on the housing market. The reality is this: some of it is positive and some of it may be negative. Some we just don’t know yet. The following three areas of the housing market are critical to understand: interest rates, building materials, [.]
Read: New-home sales slump 7% in April after reaching the best level of the cycle mortgage rates remain low , and together with slowing price growth, will help more people afford more home.
Existing home sales were weighed down in December by a lack of supply in the market, but the 1.1% gain made 2017 the best year in 11 years.
3 Things to Know in the Housing Market Today! Some we just don’t know yet. The following three areas of the housing market are critical to understand: interest rates, building materials, and the outlook for an economic slowdown. 1. Interest Rates. One of the most important things to consider when buying a home is the interest rate you will be charged to borrow the money.3 Things to Know in the Housing Market Today! So, since 2017 is coming to a close, we decided to write up our thoughts on where the housing market stands today and what you should look. Keep reading for an overview of the top five things you.
For the full year, 2017 home sales increased 1.7 percent over 2016, while prices gained 7.0 percent. The median 2017 sale price was $284,500. National home prices rose 6.8 percent in December as inventory declined 14.5 percent. san jose had the highest price growth and lowest supply of homes in December of all Redfin metros.
Annual House Price Growth Eased to 2.7% in December 2017.. halifax notes that sales in the UK have exceeded 100,000 for the eleventh consecutive month – reaching 104,200 in November.. Please tick the following box if you would like to receive UK property market news, updates, analysis and.
April car sales are still at their second-lowest since 2012. In the brands ranking, the top two best-sellers are also among the best performers in the entire market growth-wise. Ford soars 24% year-on-year to 12% share while Volkswagen surges 47% to 8.7%.
After July’s housing sales data horrors, yesterday’s permits rebound prompted some hope (despite last week’s 9.7% collapse in mortgage applications) but August’s existing home sales just crushed that dream, dropping to one-year lows. Following a 1.3% MoM decline in July, August saw existing home sales tumble 1.7% MoM (against expectations of a 0.2% rebound) and up just 0.2% YoY.
U.S. New-Home Sales Up 5.7% in August. WASHINGTON-Sales of newly built homes reached the highest level since early 2008 in August, evidence that demand for housing is strengthening heading into the fall. Sales of new, single-family homes rose by 5.7% to a seasonally adjusted annual rate of 552,000, the Commerce Department said Thursday. The.
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The Pending Home Sales Index, a gauge to assess contracts to buy previously-owned homes in the U.S., rose 3.5% to 109.1 in February, topping expectations.
After three years of slowing annual average house price growth, FNB believes that 2018 could see a slightly stronger growth rate but they would caution against expecting too much. From an average house price growth rate of 3.7% last year, FNB projected the 2018 average to shift a little higher to near 5%.