Realtor.com said in its latest Weekly Recovery Report that the housing market is still outperforming historical standards, with average home prices rising to new highs and homes selling faster. Danielle Hale, chief economist at Realtor.com, said sellers continue to call the shots in the housing market today, with new inventory vanishing almost as soon as
Listing prices hit record high in July
August 3, 2020 by
The ongoing coronavirus pandemic has done little to stem interest in the housing market. Home prices across the U.S. continue to accelerate, and last month they moved into uncharted territory as the national median listing price reached $349,000 in July – a record high. That’s according to Realtor.com’s latest Monthly Housing Trends report, which noted
Home inventory falls amid coronavirus outbreak
April 8, 2020 by
The amount of homes listed for sale in the U.S. during March fell by around 15.7% year-over-year, according to new data from realtor.com that illustrates the impact of the coronavirus pandemic. Still, the market isn’t entirely unhealthy, as the national median listing price was up 3.8% to $320,000 during the month. And those homes that
Entry-level homes ‘harder to find’ as listing prices tick up
April 9, 2019 by
Realtor.com says the median home listing price in the U.S. topped $300,000 for the first time in history in March, representing a price increase of 7 percent compared to the same period a year ago. “The typical U.S. home list price has set a new high right on the cusp of the spring homebuying season,
