November Home Sales and Prices Continue to Rise

As expected, the November home sales increased by 1.9% on top of the results for October existing home sales. The sustained demand is attributed to several factors: a strong job market, continued shortages of existing homes for sale, lower mortgage rates, and the...

Housing Market Update – 12/17/21

The Snapshot ■ The NFIB small-business optimism index and rising wholesale prices, both of which point to rising prices next year. in retail sales. ■ There will be concern over the impact of rising inflation rates will have upon the economy and the Federal...

Best and Worst Real Estate Markets

The massive number of transitioning households on the move had a clear impact upon the price trajectory of all real estate markets. According to CoreLogic, on the low end of the spectrum was Washington, D.C., with an average home price increase of only 5.3% in October...