Home purchasing

ACT government stamp duty reprieve extended for buyers buying off-plan properties up to $600,000

The ACT government extended its stamp duty regime by waiving stamp duty on off-plan property purchases up to $600,000. Key points: Median ACT home prices rose 22.5% in the 12 months to September 2021 Stamp duty reprieve hoped to help first-time home buyers, downsizers The government has acknowledged that there remains a lack of housing […]

Home sales

Oakland Co. home sales continue to smash records, despite seasonal decline – The Oakland Press

According to the report you read, January residential home sales in Oakland County slowed 8.8% for closed and pending sales according to RealCompi.e. 13.4% according to Re/MAX of Southeast Michigan. The differences, said Jeanette Schneider, president of Troy-based RE/MAX in southeastern Michigan, depend on the day the numbers are counted for each report’s month, as […]

Home purchasing

2022 rate hike reduces homebuyers’ buying power

After years of stimulus injections and support from the Federal Reserve (Fed), the government takes off in 2022 – and market participants are preparing by demanding higher interest rates on their investments. Mortgage interest rate bottomed out a year ago, in January 2021. Since then, rates have remained near all-time lows – until their recent […]

Home sales

Home sales increased in November. Will this trend continue in 2022?

In 2021, the housing market was very difficult for buyers to navigate. That’s because home values ​​have skyrocketed nationally, putting many potential buyers in a tough spot. One would think that the rise in house prices would have put buyers off and forced a decline in the real estate market. But the November sales figures […]

Home sales

Home sales in Canada set a new record in 2021, surpassing the previous record by 20%: ACI – National

The Canadian Real Estate Association says annual home sales hit a new high in 2021, eclipsing the previous record set in 2020 by about 20%. The association said Monday that about 667,000 residential properties changed hands in 2021, about 30% more than the 10-year average. However, home sales in December were little changed from November […]

Home sales

Home sales post biggest monthly decline since pandemic began

Nassau County, New York, saw the biggest drop in sales since last year, down 22.3% Newsday via Getty Images According to a new report from red fin, the real estate brokerage powered by technology. This is the largest month-over-month decline in sales since May 2020. Home prices jumped 15% from a year earlier, the 17th […]

Home sales

Home sales in the United States register the largest drop since the start of the pandemic

Record high inventories drove seasonally-adjusted home sales down 3.6% nationwide in December, according to a new Redfin report released Friday. Record inventories drove seasonally-adjusted home sales down 3.6% nationwide in December, according to a Redfin report. This is the largest month-over-month decline since the start of the pandemic. But it’s not because buyers have left […]

Home sales

What are as-is home sales

Selling a home can be a long process. From hiring a real estate agent to reaching a final agreement, selling a home is full of paperwork and detailed requirements. Yet, while most buyers want a home that can be lived in immediately and needs few repairs, these days more and more sellers are setting up […]

Home sales

Greater Palm Beach area home sales experience record year in 2021

E-mail Sign up for our free weekly newsletter Driven by waves of Northeast and West Coast buyers Palm Beach County real estate broke its record for the most home sales in just 11 months, according to the Miami Association of Realtors, as the November 2021 sales total pushed the market above the former standard. Total […]

Home sales

Home prices in Australia hit record high in 2021 amid 40% rise in home sales

Australian home prices suffered a bumper in 2021 as lower interest rates pushed values ​​higher, with values ​​in Sydney alone rising on average by $ 4,200 each week. Figures from real estate consultant CoreLogic released on Tuesday showed some heat exiting the market as national home prices rose 1.0% in December, down from 1.3% in […]

Home sales

Imminent drop in the home sales index

A gauge of U.S. pending home sales dropped unexpectedly in November as high prices and low inventory capped home buying. The National Association of Realtors’ pending home sales index fell 2.2% from the previous month to 122.4, data showed Wednesday, more than all estimates for a Bloomberg survey. An index of 100 equals the level […]

Home sales

Existing home sales data continues to outperform

However, before getting into this report, I need to explain why so many people missed out on this surge in demand in the second half of 2021. It’s the same reason I’ve given for many years: American bears hosting generally addicts can I do not read the data correctly, and the mortgage purchase application data […]

Home sales

U.S. Home Sales Will Rise 7.1% in 2021, Fall in Next Two Years – Fannie Mae | Investment News

CHICAGO (Reuters) – U.S. home sales are expected to end 2021 up 7.1% but are expected to decline over the next two years as limited supply, as well as rising mortgage rates and prices , are cooling the residential real estate market, Fannie Mae said on Monday. The government-sponsored firm’s Economics and Strategy Research Group […]

Home sales

Housing Snapshot: 2022 Will See Continued Increase In Home Sales And Prices, Report Says

kali9 / Getty Images Anyone looking for a new home should have a better chance of finding one in the next year, as the supply of new homes approaches demand, but you can still expect historically high prices to drop. everywhere, according to a new report from Realtor. com. See: Buying A Home Is Crazy […]

Home sales

Home sales in the United States could reach their highest level since 2006

Image source: Getty Images Despite the high prices, home buyers are not backing down. Key points Sales of existing homes increased 0.8% in October from September. They are now on their way to reaching their highest level in 15 years. It is often the case that home sales peak in the spring and summer and […]

Home sales

U.S. home sales edged up in October, as prices continue to rise

Existing home sales, which include single-family homes, townhouses, condominiums and co-ops, were up 0.8% month over month. After slowing down during the summer, sales revived in September, which saw a monthly increase of 7%. Year over year, home sales were down 5.8% from October 2020, marking the cyclical peak of the pandemic spike in home […]

Home sales

Existing home sales increase slightly, but inventories are tightening again

Sales of existing homes increased in October, second consecutive month of growth. The National Association of Realtors® (NAR) said sales of used single-family homes, townhouses, condos and co-op apartments were at a seasonally adjusted annual rate of 6.34 million units. That rate was 0.8% higher than the 6.290 million rate in September, but 5.8% lower […]

Home sales

As inflation rises, home sales are expected to decline over the next 2 years

Inflation is heating up and could accelerate further, but the impact on mortgage rates is expected to be modest thanks to the Federal Reserve’s clear roadmap on its plans to withdraw support from mortgage markets in the coming months. That’s according to the latest economic and real estate forecast from economists at mortgage giant Fannie […]

Home purchasing

More millennials open to buying a home at auction

As the country’s domestic market begins to rebuild after a period of low inventory, a new survey by ServiceLink, part of the FNF family of companies, has found that most potential buyers would turn to auctions as an option for home ownership. The survey, conducted October 25-27 online by The Harris Poll on behalf of […]

Home sales

Mixed house sales figures for October – bizwest

The cities of Boulder Valley and northern Colorado experienced mixed results for home sales prices during the month of October. The region’s multiple listing service, Loveland-based Information and Real Estate Services LLC, released October figures on Monday. Those whose median prices increased from the previous month include Boulder and Loveland. Those down were Estes Park, […]

Home sales

Door-to-door sales perceived as immune to economic pessimism

Americans’ confidence that the economy is on the right track is at its lowest level since 2013, but growing negative consumer sentiment is not seen as an immediate threat to home sales. as buyer demand continues to exceed available listings. That’s according to an analysis by economists Fannie Mae accompanying the release of the mortgage […]

Home sales

September home sales surged despite sky-high prices

Home prices have climbed exponentially over the past year as tight inventory and low mortgage rates have boosted buyer demand. Now you would think that at some point buyers would have no more room in their budgets to keep paying sky-high prices. But home sales managed to rise in September despite the many reasons buyers […]

Home sales

Home prices rise to highest on record, new home sales jump

The benefits of lower tax rates and flexible working hours are pushing people towards the Sunshine State. Madison Alworth of FOX Business with more. Home prices in the United States saw the strongest growth on record in August, but showed signs of a potential slowdown in the coming months. Home prices rose 19.8% year-on-year in […]

Home sales

US sales of existing homes rebound in September, up 7%

Sales of existing homes rose 7% to 6.29 million occasionally changed units in September from the previous month, as reported by the National Association of Realtors (NAR). The results exceeded reviewers’ assumptions for a 3.6% increase, according to Bloomberg estimates. Yoon noted that the surge in activity last year, due to the departure of COVID-19 […]

Home sales

No more “slow season” as home sales post the highest numbers since January 2020

FatCamera / iStock.com Seasonality plays an essential role in the housing market, as it has a significant impact on the supply of and demand for housing. Transactions and prices tend to be above trend in summer, while activity slows down in winter. This year, however, the housing market still looks exceptionally strong in what is […]

Home sales

Sales of existing homes in the United States rebound in September, up 7%

Home sales in the United States rebounded in September. Sales of existing homes rose 7% to 6.29 million seasonally adjusted units in September from the previous month, according to the National Association of Realtors (NAR). The results exceeded analysts’ expectations of a 3.6% increase, according to Bloomberg consensus estimates. “This fall appears to be the […]

Home sales

Home sales expected to hit 6.8 million in 2021: MoxiWorks

A strong fall and winter season should mean 2021 will end with nearly 7 million sales, making it one of the strongest years in history, according to a new analysis from MoxiWorks. A new report from real estate technology company MoxiWorks predicts that a strong home buying season in the fall and winter should mean […]

Home sales

Pending home sales beat projections after 2 months of decline: NAR

Pending home sales finally saw positive growth in August, after two straight months of declines in June and July, the National Association of Realtors reported. Pending home sales rose 8.1. % in August, after two consecutive months of declines in June and July, according to the National Association of Realtors (NAR) Pending Home Sales Index […]

Home sales

Falling sales of existing homes due to high prices

High home prices may finally drive buyers away. There’s a reason many potential buyers have struggled to purchase a home this year. Limited inventory and low mortgage rates fueled increased demand from buyers. This, in turn, has pushed home prices up to the point that many buyers simply cannot afford them. In August, the median […]

Home sales

California home sales continue to slow in July

E-mail Sign up for our free weekly newsletter According to the California Association of Realtors, the California real estate market slowed for the third consecutive month in July 2021 as home sales and prices eased from the tight market conditions seen over the past year, while staying above pre-pandemic levels. Closed escrow sales of existing […]

Home rentals

Single-family home rentals are hot after the recession

PITTSFORD, NY – Apartment living brought Bill and Jennifer Schumacher together, the two neighbors meeting while living in the same apartment complex in the Philadelphia area. When Jennifer received a job offer in the Rochester, NY area, the couple were okay with moving, but they didn’t have much time and they knew they didn’t want […]