Pace of New Home Sales Drops, Inventory Hits a 12-Month High
While up nearly 50 percent on a year-over-year basis from its pandemic low, the seasonally adjusted pace of new single-family home sales in the U.S. has dropped 13 percent since…
Home Sales in the U.S. Continue to Drop, Inventory Ticks Up
Having dropped to a 6-month low in March, the seasonally adjusted pace of existing-home sales across the U.S. dropped another 2.7 percent in April to an annual rate of 5.85…
Pace of Home Sales in the U.S. Drops to a 6-Month Low
Having dropped 6.6 percent in February, the seasonally adjusted pace of existing-home sales across the U.S. dropped another 3.7 percent in March to an annual rate of 6.01 million sales,…
Pace of Home Sales in the U.S. Inches Up, Inventory Drops
The seasonally adjusted pace of existing-home sales across the U.S. inched up a revised 0.6 percent in January to an annual rate of 6.69 million sales, which is 23.7 percent…
A “Once in a Lifetime Opportunity,” Take Two/Three
As we outlined last year, the roughly 6,000-square-foot home at 22 Toledo Court, which sits on nearly an acre of land “in the heart of Lafayette’s sought–after Happy Valley,” was…
Pace of New Home Sales in the U.S. Is Trending Up
Having ended last year on an upward trajectory, the pace of new single-family home sales in the U.S. gained another 7.9 percent in January to a seasonally adjusted annual rate…
Pace of New Home Sales in the U.S. Ended 2019 Up
Having ticked down a percent in November, the pace of new single-family home sales in the U.S. slipped 0.4 percent in December to a seasonally adjusted annual rate of 694,000…
Once in a Lifetime Opportunity Fails to Fetch its 2017 Price
As we outlined this past July: Designed by Alan Page and built on a nearly one-acre lot “in the heart of Lafayette’s sought–after Happy Valley,” the roughly 6,000-square-foot home at…
Home Prices Rise in 93 Percent of Metro Areas, Bay Area Excluded
According to the National Association of Realtors, “single-family median home prices increased year-over-year in 93% of measured markets in the third quarter, with 166 of 178 metropolitan statistical areas showing…
Home Prices Increase in 91 Percent of Metro Areas, But…
First and foremost, we need to reiterate that changes in a market’s median sale price isn’t the same thing as appreciation/depreciation or an underlying change in value, especially as sales…