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Georgia. February 2024 home value: $323,386. 6-month change in home value ... home value data to discover the current state of the housing market in every state. First, for each state ...
Last month, housing contract activity rose in all regions of the country except for the Northeast. The South saw the largest month-over-month increase, improving 5.2% from October and 8.5% from a ...
Traditional wisdom states that the real estate market needs 5 to 6 months of housing supply to be balanced, or not leaning toward either a buyer’s market or seller’s market. NAR existing-home ...
U.S. states and D.C. by median home price, February 2024 (in February 2024 dollars) [1] State rank State or territory Median home price in US$; 1 Hawaii $839,013
Zillow economists ultimately expect rates to end 2025 below current levels of around 6.7%, but note “there’s no guarantee.” Realtor.com sees potential for rates to average 6.3% next year.
Inventories are still too low: A balanced market typically has a 5- or 6-month supply of housing inventory. NAR says there was a 4.0-month supply of homes for sale in July (actually quite a big ...
First-time homebuyer share of market in 2023: 32 percent Not only did 2023 see a low percentage of first-time buyers, but the ones it did see were older, with a typical age of 35.
Builder confidence pushed into positive territory for the first time in 11 months, according to the National Association of Home Builders (NAHB)/Wells Fargo housing market index.