NAR: Home prices rise across the country in the fourth quarter of 2023

Single-family home sales prices increased in 189 out of 221 metro areas analyzed, with the median single-family price in the country rising 3.5% year over year to $391,700.
The post NAR: Home prices rise across the country in the fourth quarter of 2023 appeared first on Atlanta Agent Magazine.

December pending home sales surge past expectations 

Pending home sales rose 8.3% month over month, the National Association of REALTORS® said, marking the largest monthly jump since 2020. 
The post December pending home sales surge past expectations  appeared first on Atlanta Agent Magazine.

What the recent surge in single-family construction means for 2024

The growth in November housing starts was seen across all United States regions, including a notable jump of 16.3% in the South; starts were up 1.4% in the Midwest.
The post What the recent surge in single-family construction means for 2024 appeared first on Atlanta Agent Magazine.

NAR: Existing-home price rises again as sales continue to slide 

Total housing inventory at the end of August was 1.11 million units, up 3.7% from July but down 14.6% on a year-over-year basis, the National Association of REALTORS® said. 
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NAR: Pending-home sales post second monthly increase in a row 

Pending transactions were in negative territory for most of this year, so the recent increases could bode well for future activity. 
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NAR: Existing-home sales decline as median price remains above $400,000 

High mortgage rates and limited inventory continued to weigh on sales activity, National Association of REALTORS®Chief Economist Lawrence Yun said. 
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