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"After two years of sluggish home sales in 2023 and 2024, existing-home sales are forecasted to rise to 4.47 million in 2025 and more than 5 million in 2026," Yun said.
The median existing-home price for all housing types in October was $391,800, an increase of 3.4% from October 2022 ($378,800), according to NAR. This follows an eight-month stretch of consecutive ...
Residential construction of single-family homes also fell sharply in March, down 12.4% to a seasonally adjusted annual rate of 1.022 million units, according to Commerce Department data.
The index for pending home sales increased just over 8% to 77.3 in December, according to data from the National Association of Realtors ... anticipating a 13% increase to 4.62 million in 2024.
Zillow Group, Inc., or simply Zillow, is an American tech real-estate marketplace company that was founded in 2006 [4] by co-executive chairmen Rich Barton [5] and Lloyd Frink, former Microsoft executives and founders of Microsoft spin-off Expedia; Spencer Rascoff, a co-founder of Hotwire.com; David Beitel, Zillow's current chief technology officer; and Kristin Acker, Zillow's current ...
Buyers today would also need an income of $106,000 to afford a typical home worth $342,941, Zillow found. That’s $47,000 more than they needed in 2020 and well above the current average income ...
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Trulia is an American online real estate marketplace which is a subsidiary of Zillow. It facilitates buyers and renters to find homes and neighborhoods across the United States through recommendations, local insights, and map overlays that offer details on commute, schools, churches and nearby businesses. [1]