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The rise in annual house prices was previously reported to have been 4.5%. ... The average rate on the popular 30-year fixed-rate mortgage rose to 6.54% last week from 6.44% in the prior week ...
The national median sales price rose 4.7% from a year earlier, to $406,100. Despite increasing in November and October, home sales are still running below last year's pace, when they sank to a ...
Sales rose 2.9% compared with October last year, representing the first year-over-year gain since July 2021. The latest home sales topped the 3.93 million pace economists were expecting, according ...
Year-end: A total of 933,045 properties (0.7% of all housing units) received foreclosure notices during the year, a 14 percent decrease from 2015, the lowest since 2006 when 717,522 properties (0.58% of all housing units) received foreclosure notices.
The inventory of single-family housing under construction decreased 0.8% to a rate of 637,000 units, the lowest level since March 2021. (Reporting by Lucia Mutikani; Editing by Chizu Nomiyama and ...
In France, the economist Jacques Friggit publishes each year a study called "Evolution of the price, value and number of property sales in France since the 19th century", [30] showing a high price increase since 2001. Yet, the existence of a real estate bubble in France is discussed by economists. [31]
The biggest year over year drop in median home prices since 1970 occurred in April 2007. Median prices for new homes fell 10.9 percent according to the U.S. Department of Commerce. [49] Others speculated on the negative impact of the retirement of the Baby Boom generation and the relative cost to rent on the declining housing market.
Nationally, many economists call for home prices to rise between 2% and 4% next year, around historical averages. But the strength of the housing market is likely to vary heavily by location.