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Articles Recently Tagged: Medians

(103 posts)

Price per Square Foot in San Francisco Keeps Dropping

With a pronounced drop in sales and jump in reductions, the list price per square foot of the homes which are in contract across San Francisco, which is a leading indicator, has dropped over 10 percent since May and has just slipped under $900 per square foot for the... Read More »

Existing Home Sales and Median Price Continue to Drop

Existing Home Sales and Median Price Continue to Drop

Having ticked down in September, the seasonally adjusted pace of existing-home sales across the U.S. dropped 5.9 percent last month to an annual rate of 4.43 million sales, which was 28.4 percent lower than at the same time last year; well below the pre-pandemic pace of sales; and the... Read More »

Pending Home Sales in San Francisco Down Nearly 50 Percent

Having slipped another percent over the past week, the number of homes in contract to be sold across San Francisco is now 46 percent lower than at the same time last year and pending home sales activity is at its lowest level in over six years on a seasonally... Read More »

Existing Home Sales and Median Price Drop

Existing Home Sales and Median Price Drop

Having slipped in August, the seasonally adjusted pace of existing-home sales across the U.S. ticked down another 1.5 percent in September to an annual rate of 4.71 million sales, which was 23.8 percent lower than at the same time last year; well below the pre-pandemic pace of sales; and... Read More »

New Home Demand Drops Despite Rise in Supply

New Home Demand Drops Despite Rise in Supply

While the seasonally adjusted pace of new single-family home sales in the U.S. rebounded in August to an annualized pace that was effectively even with the same time last year, but still below pre-pandemic levels, the number of mortgage loan applications for new homes in the U.S. dropped 7... Read More »

Pace of New Home Sales Rebounds with Lower Prices

Pace of New Home Sales Rebounds with Lower Prices

Having dropped a downwardly revised 8.6 percent in July, the seasonally adjusted pace of new single-family home sales in the U.S. jumped 28.8 percent in August to an annualized rate of 685,000 sales, which is effectively even with the pace of sales at the same time last year but... Read More »

Existing Home Sales Down 20 Percent, Median Price Drops

Existing Home Sales Down 20 Percent, Median Price Drops

Having dropped 5.9 percent in July, the seasonally adjusted pace of existing-home sales across the U.S. slipped 0.4 percent in August to an annual rate of 4.80 million sales, which was 19.9 percent lower than at the same time last year; the thirteenth straight month with a year-over-year decline;... Read More »

Purchase Mortgage Applications Now Down Nearly 30 Percent

With a seasonal adjustment for Labor Day, mortgage loan application volume in the U.S. ticked down 1.2 percent over the past week, according to data from the Mortgage Bankers Association’s. And while purchase mortgage activity was effectively unchanged from the week prior on an adjusted basis, it dropped 12... Read More »

Purchase Activity at the High End of the Market Is Weakening

Mortgage loan application volume in the U.S. dropped another 3.0 percent over the past week from what was already a 22-year low, with a 2 percent drop in purchase mortgage activity, which is now down over 20 percent on a year-over-year basis. At the same time, the average purchase... Read More »

Decline in U.S. Home Sales Is Accelerating, Median Price Drops

Decline in U.S. Home Sales Is Accelerating, Median Price Drops

Having dropped 5.4 percent in June, the seasonally adjusted pace of existing-home sales across the U.S. dropped another 5.9 percent in July to an annual rate of 4.81 million sales, representing the twelfth straight month with a year-over-year decline in sales; the largest year-over-year decline in sales (20.2 percent)... Read More »