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Tag Archives: Home Prices

Florida Home Sales, Prices Buck National Trend

Statewide, the median sales price for single-family existing homes in August was $181,000, Florida Realtors reported, up 3.4 percent year-over-year. The median price for townhouse-condo properties was $135,000, up 3.8 percent from a year ago.

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Report: Home Sales Down, Prices Up For August

Despite the currently slower environment, RE/MAX CEO Margaret Kelly is keeping a positive view on recent figures, noting that August sales were still more than 10 percent higher than in 2012 and 17.8 percent higher than in 2008, when the company began reporting on monthly activity.

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Connecticut Housing Activity Slow, But Still Creeping Upward

A slight increase in single-family home sales in Connecticut for the month of July marked the fifth time in 2014 that single-family home sales increased year-over-year, according to a report released on Wednesday by the Warren Group, publisher of the Commercial Record. The 3,152 homes sold in Connecticut in July represented the highest total for any month since June 2010, when 3,400 homes were sold in the state, according to the Warren Group. July's total of 3,152 was an increase of less than 1 percent from June's home sales of 3,129 in Connecticut. Year-to-date, through the end of July, home sales in the state have fallen by 1.2 percent (from 14,230 down to 14,059).

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Power Shift Could Result in Home Sales Spike

forecast

For July, Redfin recorded a 0.3 percent monthly decline in the median sales price of homes sold in the major metros the company tracks, marking the first time in five months that price growth was essentially flat.

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High Rents Prevent Potential Buyers From Owning Homes

New Homes

What this means for the future of the housing market could be trouble. The effects of rents high enough to keep prospective buyers away from houses is particularly hitting millennials, who are already saddled with uncertain job prospects and enormous student debt, according to Zillow Chief Economist Stan Humphries.

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Housing Market Maintains Spring Momentum

For the first time since the start of the housing recovery in 2012, Realtor.com says the end of the annual peak buying season passed this year without any outside economic influences creeping in.

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