Jan 16, 2023 | National Housing Report
The housing market decelerated throughout 2022 creating more opportunities for homebuyers, in stark reversal of the frenzied seller’s market of the previous year. The year’s most telling stats were punctuated in December: Home sales were down 38% from a year ago while...
Dec 28, 2022 | Buy A Home, Home Prices, Home Sales
November 2022 U.S. housing data from RE/MAX indicates more opportunities for buyers may be on the horizon. Typical of this time of year, November 2022 saw a dip in home sales – down 12% from October and down 37% year-over-year. Although this can be considered normal...
Dec 15, 2022 | National Housing Report
November begins a stretch of four months with typically the lowest home sales of the year – including December, January and February – and this November followed suit. Seasonality was just one factor contributing to November’s 12% drop in home sales from October in...
Nov 15, 2022 | National Housing Report
October revealed a vastly different housing market from one year ago, with 30.7% fewer closings, 36.8% more homes for sale, and the average home taking nearly a week longer to sell, at 35 days on market. As a result, the Median Sales Price was pushed down 0.3% to...
Oct 15, 2022 | National Housing Report
Typical for this time of year, September home sales declined 9.7% from August across the report’s 53 metro areas. That led to inventory climbing to two months’ supply for the first time in nearly two years – an encouraging sign of a more balanced market to come....
