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Pending home sales fell 8.4% year over year, which marked the biggest decline since October 2023. New listings had their biggest annual decline since September 2023, falling 3.6% on an annual basis.
In swing states, the median home sale price has risen by 40%, to a record high of $316,063 as of 2024. But the median housing payment has nearly doubled, rising 92% to an all-time high of $2,161.
The 88240 neighborhood in Hobbs, New Mexico, is projected to see the highest percent decline in average home prices at -7.4%, or a $12,054 decline on the average $162,908 home price.
And with the supply of homes still too low to meet demand, prices continue to surge. In December, the median national sales price was $404,400, up 6% from a year earlier. At $407,500, the median ...
Its research team used Realtor.com data to examine changes in listing prices and square footage across 150 of the most populous metropolitan areas. Among those areas, only 18 have seen home sizes ...
You've likely noticed that home prices have increased in recent years. ... Year-over-year change in market value: 0.8%. Average home sale price ... 8 US Cities Where Home Prices Have Skyrocketed ...
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Although the real estate market is finally cooling down, some cities have seen higher rates of home price increases than others. 10 cities where home prices have skyrocketed the most in the past ...