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Tag Archives: median sale price

Major Metros Show Significant Home Price Gains in Q3

First-time homebuyers looking to purchase a typical home during Q3 have begun to feel the impact of nationwide housing's growing unaffordability. A new report from the National Association of Realtors revealed single-family existing-home sales prices grew in nearly every metro analyzed, as the national median home price climbed nearly 9% from 2021.

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First-Time Buyers More Likely to Take Financial Risks

American homebuyers persevered through high prices and fierce competition in 2021 and 2022, but few landed their dream home as 80% reported compromising on their priorities, according to a new report from Anytime Estimate. First-timers paid a median of $77,500 over ...

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Home Price Growth Slows in Largest U.S. Housing Markets

Today, the Data & Analytics division of Black Knight, Inc. released its latest Mortgage Monitor Report, looking at recent cooling of annual rate of home price appreciation and the intertwined impacts of both affordability and inventory on those trends. According ...

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Existing-Home Sales Retreat Nationwide

Existing-home sales retreated for the fourth consecutive month in May, according to the National Association of Realtors (NAR). Month-over-month sales declined in three out of four major U.S. regions, while year-over-year sales slipped in all four regions. Total existing-home sales ...

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Rental Affordability Issues Likely To Last Long-Term

According to the Realtor.com Monthly Rental Report, new data indicates that rental competition remained persistent in April, as the U.S. median rental price hit a new high —$1,827— for the 14th month in a row. These trends highlight affordability struggles ...

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Inventory, Softening Demand Cooling Pace of Home Sales

According to the Realtor.com Monthly Housing Trends Report, new data suggests that the U.S. housing supply is preparing to rebound, as active listings posted the smallest year-over-year declines —down just -12.2% since December 2019. Inventory improvements were led by increases ...

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