Listings took a hit in July, but both listed and closed prices saw positive YOY growth, according to new data from HouseCanary. The company’s latest Market Pulse report found that net new listings dwindled in July, down 40.3% YOY. The number of properties that went under contract also fell by 13.4% from the same time last…
A Redfin report found the number of new listings in September fell 9% year-over-year (YOY). Closed home sales and active listings also dropped — by 5% and 19% YOY — respectively. September marked the fourteenth month of consecutive double-digit price increases, with the median price of homes sold at $376,800, up 14% from the previous…
After cratering in April and May, new listings for high-end homes are making a comeback on the market this summer. Listings for the most expensive homes dropped by about 50 percent at the height of the pandemic – but are now down just 9 percent from year, according to a new report released Wednesday by…
Houston homes will no longer have master bedrooms or master bathrooms. Instead, the Houston Association of Realtors will use the phrases “primary bedroom” and “primary bathrooms,” the Houston Chronicle reported. The change comes after some realtors said the word “master” has a stigma associated with it. The Chronicle reported that HAR agreed to change the…
As the nation grapples with issues on racial equity, Google has announced that it will no longer allow realtors to target ads for housing based on ZIP code – in addition to several other changes. The change, announced on Google’s blog, is designed to “improve access to housing, employment and credit opportunities.” “This policy will…
More listings. Higher prices. Realtor.com’s Weekly Housing Trends Report released Thursday finds that the latest housing data points to a rebound for the housing market as buyers and sellers begin to return to the market after the economic shutdowns in reaction to the coronavirus pandemic. “Weekly data shows we have taken the first step in…
The coronavirus pandemic slammed the brakes on a once-roaring housing market. A new report released Monday by Redfin found that sales and listings experienced historic declines from a year ago – with home sales dropping 22.5 percent in April from a year ago, while the number of homes newly listed for sale plunged 42.4 percent….
As states across the country slowly begin to reopen for business, realtor.com released a survey Monday that may suggest that homebuyers are ready to jumpstart shopping for a new house in the coming weeks and months. The survey found increased activity on realtor.com, with listing visits, saves and shares “all up significantly since the first…
A pair of housing reports released Thursday show mortgage applications and new home listings are down amid the coronavirus pandemic, though sellers are slowly beginning to return to the market. Mortgage applications for new home purchases dropped 12 percent in April from a year ago and 25 percent from March, according to the Mortgage Bankers…
What spring selling season? Newly listed homes dropped 44.1 percent in April, according to realtor.com’s Monthly Housing Trends Report released Tuesday. That amounts to a loss of 189,000 listings compared to April 2019. “The good momentum we saw at the start of the year has helped to somewhat insulate the housing market from the coronavirus’…
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