George Ratiu Joins Keeping Current Matters As Chief Economist

George Ratiu Joins Keeping Current Matters As Chief Economist

Realtor.com’s George Ratiu is joining Keeping Current Matters as chief economist, the company announced in a press release. “What I admire most about Keeping Current Matters is that we share a passion for breaking down the large volume of real estate data into meaningful insights that are easy for everyone to understand, whether it’s agents…

Existing Home Sales Down 0.4% In August

Existing Home Sales Down 0.4% In August

Existing-home sales dropped for the seventh straight month in August, down 0.4% from July and 19.9% YOY, according to the National Association of Realtors’ most recent data. Sales fell to a seasonally adjusted annual rate of 4.80 million and declined in every major region. Inventory of unsold homes fell 1.5% from July to 1.28 million,…

Home Price Growth Stalls As Inventory Rebounds

Home Price Growth Stalls As Inventory Rebounds

Home price growth saw the largest single-month slowdown on record since at least the 1970s in June, coinciding with a huge increase in inventory, according to Black Knight’s most recent Mortgage Monitor Report. Annual home price growth fell from 19.3% to 17.3% between May and June. “For context, during the 2006 downturn the strongest single-month…

Half Of June’s Hottest Housing Markets Are In New England

Half Of June’s Hottest Housing Markets Are In New England

As the housing market starts to cool off, last year’s buying trends are being upended. Western metros that topped charts last year for popularity and home prices have taken a back seat to more affordable, cooler areas in the East, according to a new report from Realtor.com. For the first time in the history of…

Invasion Of Ukraine, Inflation To Take Toll On U.S. Housing Sector
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Invasion Of Ukraine, Inflation To Take Toll On U.S. Housing Sector

By KIMBERLEY HAAS Russia’s invasion of Ukraine and its implications for the global economy have some experts saying the housing market in the United States will be impacted because of growing inflation pressures and supply chain difficulties. The Fannie Mae Economic and Strategic Research Group now projects full-year 2022 real gross domestic product growth of…

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