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The pace of increase in home prices is slowing amid rising inventory of new homes. ... though new home sales have fared better because of still tight inventory of previously owned houses for sale ...
The median house price last year hit a record high of $407,500. WASHINGTON (Reuters) -U.S. existing home sales increased to a 10-month high in December, but further gains are likely to be limited ...
The policy rate was hiked by 5.25 percentage points in 2022 and 2023. The average rate on the 30-year fixed-rate mortgage rose above 7% this week for the first time since May, mortgage finance ...
CSXR is a composite index of the home price index for 10 major Metropolitan Statistical Areas in the United States. The index is published monthly by Standard & Poor's and uses the Case and Shiller method of a house price index using a modified version of the weighted-repeat sales methodology. This method is able to adjust for the quality of ...
Several cautions apply when interpreting new home sales statistics: Statistics exclude any new houses that were not built for immediate sale. For example, in the situation where a purchaser commissions a builder to build a house on a lot that the purchaser already owns, this housing unit would not be included in the statistics.
According to John Burns Research & Consulting, only 0.4 percent of single-family homes in the United States are owned by institutional investors with over 1,000 homes in their portfolio. [12] This share rises to 3.8 percent of single-family homes for institutional investors owning over 100 homes, and up to 10 percent in certain metro areas such ...
Completed houses made up 22.5% of supply, with houses not yet started accounting for the remaining 21.8%. At August's sales pace it would take 7.8 months to clear the supply of houses on the ...
The UK House Price Index replaced this release in June 2016.[3] Historically, HM Land Registry also published a separate house price index calculated by Calnea Analytics. It used the HM Land Registry’s data, which consists of the transaction records of all residential property sales in England and Wales. It uses Repeat Sales Regression.