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Alabama. October 2020 home value: $160,644 October 2022 home value: $214,110 2-Year change (#): $53,466 2-Year change (%): 33.28% The rapidly rising prices that defined the 2022 housing market ...
This week’s economic data is all about housing, with reports on homebuilder sentiment, housing starts, and existing home sales set to provide key insights into market conditions. While ...
First-time buyers struggle with housing market According to Bankrate’s Financial Security survey in 2023, 74 percent of U.S. adults consider homeownership an important part of the American dream.
The U.S. housing market is under pressure. Data this week on new home sales and pending home sales reflected sharp drops from last year and showed the impact higher interest rates continue to have ...
These regulations had the net effect of reducing housing construction and reducing the ability of regional housing stock to adjust to changing market conditions. Beginning in the last quarter of the 20th century, market-wide housing shortages have existed in a growing number of markets throughout the country, starting in prosperous coastal ...
Single-family housing starts in May jumped 18.5% from April to a seasonally adjusted annual rate of 997,000, according to government data released this week. Building permits for single-home ...
The low rates secured by many over the past several years—Goldman Sachs recently estimated that 98% of outstanding borrowers had a below-market mortgage rate—are presently keeping people in ...
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 ...