Sales of new single-family homes increased markedly for the third month in a row, driven by a nearly 59% increase in the Midwest.
The post New Home Sales Surged to Highest Level Since 2006 in July, but Builders Could Soon Face Headwinds appeared first on Real Estate News & Insights | realtor.com®.
The numbers: Home-price appreciation continued at a steady clip in June as many states began reopening businesses from shutdowns related to the coronavirus pandemic, according to a major price barometer released
The post Home Prices Continued to Rise in June, Case-Shiller Index Finds—as Americans Face a Growing Affordability Crunch appeared first on Real Estate News & Insights | realtor.com®.
The national median home price surpassed $300,000 for the first time on record, according to the National Association of Realtors
The post Existing-Home Sales Soar at a Record Pace in July as Americans Make Up for Lost Time—but Two Big Caveats Remain appeared first on Real Estate News & Insights | realtor.com®.
Despite the rise in interest, buying a newly-built home is fast becoming a more expensive proposition, thanks to the rising cost of lumber.
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