House prices still rose across Canada, but at a measured pace, and the number of
homes available for sale rose to the more comfortable levels indicative of a healthy, balanced market,» says Phil Soper, president and chief executive, Royal LePage Real Estate Services.
Not exact matches
«The ongoing
rise in
home prices is straining the budgets of some of these would - be buyers, and what is
available for sale is moving off the market quickly because supply remains minimal in the lower - and mid-price ranges.»
Total housing inventory2 at the end of June
rose 2.2 percent to 2.30 million existing
homes available for sale, which represents a 5.5 - month supply at the current
sales pace, unchanged from May.
Total housing inventory at the end of September
rose 1.5 percent to 2.04 million existing
homes available for sale, but is still 6.8 percent lower than a year ago (2.19 million) and has now fallen year - over-year
for 16 straight months.
Total housing inventory at the end of March
rose 1.5 percent to 3.55 million existing
homes available for sale, which represents an 8.4 - month supply4 at the current
sales pace, compared with a 8.5 - month supply in February.
«Low inventory of
homes available for sale and a growing economy has led to steadily
rising home values as indicated by the strong annual increase of the HVI index,» Banfield says.
Total housing inventory3 at the end of August
rose 1.3 percent to 2.29 million existing
homes available for sale, but is 1.7 percent lower than a year ago (2.33 million).
Total housing inventory4 at the end of January
rose 4.1 percent to 1.52 million existing
homes available for sale, but is still 9.5 percent lower than a year ago (1.68 million) and has fallen year - over-year
for 32 consecutive months.
Pending
home sales slightly declined
for the third time in four months as buyers battle
rising home prices and limited
homes available for sale.
Total housing inventory4 at the end of March
rose 4.7 percent to 1.99 million existing
homes available for sale, which represents a 5.2 - month supply at the current
sales pace, up from 5.0 months in February.
«We saw a slowdown of
home sales in July, and we're still seeing prices
rise and fewer
available homes on the market,» says Orlando Regional REALTOR ® Association President John Lazenby, Colony Realty Group, Inc. «Competition
for homes in the entry - level and mid-price range (under $ 300,000) continues to remain high, especially among first - time homebuyers and investors.
We're already seeing higher mortgage rates impact
home sales, though prices continued to
rise, 2.5 percent in January — the last full month
for which data is currently
available.
Lack of
homes available for sale and the concomitant
rise in prices appears to be sidelining many first - time potential homebuyers in 2018.
With fewer
homes available for both
sale and rent, it's only natural
for prices to
rise.
PICTURED ABOVE AND BELOW: The number of
home sales and the number of
available listings offered
for sale below $ 750,000 has been in dramatic decline within the resale market as median priced
homes rise and new construction offerings, few as they are, struggle to deliver meaningful numbers of
homes at more affordable price points.
Total housing inventory at the end of June
rose 3.3 percent to 3.77 million existing
homes available for sale, which represents a 9.5 - month supply4 at the current
sales pace, up from a 9.1 - month supply in May.
Total housing inventory3 at the end of May
rose 1.4 percent to 2.15 million existing
homes available for sale, but is still 5.7 percent lower than a year ago (2.28 million).
Total housing inventory at the end of February
rose 9.6 percent to 1.94 million existing
homes available for sale, which represents a 4.7 - month supply at the current
sales pace, up from 4.3 months in January, which was the lowest supply since May 2005.
Contract closings climbed 1.1 percent to a 5.57 million annual rate (forecast was 5.48 million), the most since February 2007
Sales increased 1.9 percent from June 2015 before seasonal adjustment Median price of an existing
home rose 4.8 percent from June 2015 to $ 247,700 Inventory of
available properties dropped 5.8 percent from a year earlier to 2.12 million units, the lowest
for a June since 2001
Inventory: Total housing inventory
rose 3.2 percent to 2.29 million existing
homes available for sale by the end of May.
Total housing inventory at the end of April
rose 11.9 percent, a seasonal increase to 2.16 million existing
homes available for sale, which represents a 5.2 - month supply at the current
sales pace, compared with 4.7 months in March.Listed inventory is 13.6 percent below a year ago, when there was a 6.6 - month supply, with current availability tighter in the lower price ranges.
«Orlando's inventory of
available homes is 11 percent below where it was this time last year and continues to impact both
sales and price,» says ORRA President John Lazenby, Colony Realty Group, Inc. «Regardless, we are seeing a small trend of increasing
sales that illustrates buyer enthusiasm
for our current historically low interest rates and steadily
rising values.»
Total housing inventory at the end of March
rose 1.5 percent to 3.55 million existing
homes available for sale, which represents an 8.4 - month supply
Total housing inventory3at the end of July
rose 3.5 percent to 2.37 million existing
homes available for sale, which represents a 5.5 - month supply at the current
sales pace.