Year-over-year increases show the housing market continues to slowly shift in favor of buyers.
Tagged: Home Sales
The year-over-year decline was most pronounced in the South and Northeast, where sales fell 5.1% and 4% respectively.
Only two months in past decade saw fewer home sales, Redfin reports
Zillow reports 80% of recent sellers were influenced by life events, not rates or financial conditions.
Prices jumped from 7% to 21% in all six counties
The median U.S. home-sale price hit a record $387,600 during the four weeks ending May 19
Rising inventory is driving up home prices and transaction activity in the Washington D.C. metro area.
Fannie Mae forecasts fewer Federal Reserve rate cuts this year.
77% of sellers say new NAR rules affect their decision to hire a real estate agent, according to a survey by Clever Real Estate.
Northeast the only region to see an uptick in sales over prior month, per a new report from the National Association of Realtors