Sentences with phrase «while inventories of homes for sale»

Not exact matches

While overall low inventory has led to competition in some markets — about a quarter of 2017 home sales yielded sales prices higher than the asking price, according to Zillow — it's a different story for some sellers.

While strengthening demand in these markets may help lessen the negative impact that this additional foreclosure inventory has on home prices, at the very least the influx of distressed inventory for sale will likely act to slow the rate of home price appreciation seen in recent months.

«While these changes are pointed at the demand for ownership housing, it is important to note that much of the upward pressure on home prices in the GTA has been based on the declining inventory of homes available for sale.»

From housing economist Tom Lawler: CAR: California Existing Single - Family Home Inventory Shows First YOY Gain in a Long While From the California Association of Realtors monthly home sales report for ApHome Inventory Shows First YOY Gain in a Long While From the California Association of Realtors monthly home sales report for Aphome sales report for April:

«While sales of existing single - family homes passed 5 million units at annual rates in January, the highest since 2007, the inventory of homes for sales remains quite low with a 3.6 month supply.

WASHINGTON (July 22, 2014)-- Existing - home sales increased in June and reached an annual pace of 5 million sales for the first time since October 2013, while rising inventory continues to push overall supply towards a more balanced market, according to the National Association of Realtors ®.

The drop in permit data was driven by a decline in multi-family permits, while single - family permits — which more directly affect the inventory of homes for sale — were up from a year ago.

Existing - home sales increased in June and reached an annual pace of 5 million sales for the first time since October 2013, while rising inventory continues to push overall supply towards a more balanced market.

The index in May was up almost 6 percent to 101.1 from 95.5 in April, while inventory of for - sale homes remained level.

Existing - home sales were back on the rise in July, marking the third consecutive month of increases, while low inventories of homes for - sale and rising prices were the reason behind first - time buyers falling to their lowest share since January, according to a new report from the National Association of REALTORS ®.

The Orlando housing market experienced increases in both median price and sales in February, while the inventory of homes available for purchase shrank by 21 percent in comparison to February of last year.

«The average sale price for single - family homes is up compared to last year, while the inventory of homes available and the average length of time homes spend on the market prior to sale are both down.

The inventory of homes for sale decreased 7.2 percent, from 401 in January 2017 to 372 last month, while the average sale price decreased from $ 485,141 to $ 447,170, a 7.8 percent drop.

While these changes are pointed at the demand for ownership housing, it is important to note that much of the upward pressure on home prices in the GTA has been based on the declining inventory of homes available for sale,» said Jason Mercer, TREB's Director of Market Analysis..

The inventory of homes for sale decreased 11.8 percent, going from 424 to 374, while the months supply of inventory dropped 9.4 percent, from 3.2 to 2.9.

«The inventory of single - family homes for sale is down slightly from last year, while the average number of days on market is down sharply in both the single - family and condo / townhouse markets.

Regional Spotlight — Closed sales, pending sales, median prices and average prices rose in Florida's housing market in November, while the inventory of homes and condos for sale shrunk, according to the latest housing data released by Florida REALTORS ®.

Sales rose most in the Midwest, where the contract closings climbed 3.8 percent to a 1.35 million pace from the prior month At the current pace, it would take 4.6 months to sell out housing inventory, compared with 4.7 months in May; less than a five months» supply is a tight market, the Realtors group has said Properties were on the market for 34 days in June, the same as year ago Single - family home sales climbed 0.8 percent to an annual rate of 4.92 million while purchases of multifamily properties increased 3.2 percent to a 650,000 pace First - time buyers accounted for 33 percent of all sales, up from 30 percent in May and the highest share since July 2012 Sales driven in gains among most expensive homes, NAR's Yun Sales rose most in the Midwest, where the contract closings climbed 3.8 percent to a 1.35 million pace from the prior month At the current pace, it would take 4.6 months to sell out housing inventory, compared with 4.7 months in May; less than a five months» supply is a tight market, the Realtors group has said Properties were on the market for 34 days in June, the same as year ago Single - family home sales climbed 0.8 percent to an annual rate of 4.92 million while purchases of multifamily properties increased 3.2 percent to a 650,000 pace First - time buyers accounted for 33 percent of all sales, up from 30 percent in May and the highest share since July 2012 Sales driven in gains among most expensive homes, NAR's Yun sales climbed 0.8 percent to an annual rate of 4.92 million while purchases of multifamily properties increased 3.2 percent to a 650,000 pace First - time buyers accounted for 33 percent of all sales, up from 30 percent in May and the highest share since July 2012 Sales driven in gains among most expensive homes, NAR's Yun sales, up from 30 percent in May and the highest share since July 2012 Sales driven in gains among most expensive homes, NAR's Yun Sales driven in gains among most expensive homes, NAR's Yun said.

While the number of homes for sale should rise with the onset of the spring selling season, housing inventory is expected to remain low, pushing prices higher.

The inventory of homes for sale dropped 16.4 percent, from 554 in October 2016 to 463 last month, while the average sale price rose from $ 444,012 to $ 460,896, a 3.8 percent increase.

According to the National Association of REALTORS ®, existing - home sales declined for the second consecutive month in October, while constrained inventory means home prices continue to see double - digit year - over-year gains.

The number of homes for sale in July was just 1.3 percent lower than the inventory in June, while still 20.7 percent below the inventory in July 2012.

«While we have seen much needed increased inventory over the last couple of years, the number of existing properties being listed for sale is declining, particularly for single - family homes,» said Francisco Angulo, residential president of the Miami Association of Realtors.

While strengthening demand in these markets may help lessen the negative impact that this additional foreclosure inventory has on home prices, at the very least the influx of distressed inventory for sale will likely act to slow the rate of home price appreciation seen in recent months.

According to the National Association of Realtors ®, existing - home sales declined for the second consecutive month in October, while constrained inventory means home prices continue to see double - digit year - over-year gains.