NAHB Sees Sales Improve

NAHB Sees Sales Improve

New Home Sales A modest decline in mortgage rates sparked an unexpectedly strong increase in new home sales this August—though experts caution these numbers may be adjusted downward in coming reports. August Sales Climb Sales of newly constructed...
August Sales for Morris & Middlesex Conties

August Sales for Morris & Middlesex Conties

Morris and Middlesex Counties Morris County Single Family Homes for August Key Metrics 2024 2025 Change New Listings 350 366 + 4.6% Closed Sales 457 385 – 15.8% DOM* 22 28 + 27.3% Median PX $750K $765K + 2.0% % of PX 106.1% 104.9%...
August Sales for Monmouth & Ocean Counties

August Sales for Monmouth & Ocean Counties

Monmouth County Single Family Homes for August Key Metrics 2024 2025 Change New Listings 675 684 + 1.3% Closed Sales 522 501 – 4.0% DOM* 30 28 – 6.7% Median PX $768K $787K + 2.5% % of PX 102.6% 101.4% – 1.2%...
NJ August Existing Home Sales

NJ August Existing Home Sales

U.S. existing-home sales rose 2.0% month-over-month and 0.8% year-over-year to a seasonally adjusted annual rate of 4.01 million units, according to the National Association of REALTORS® (NAR). Economists polled by Reuters had forecast a rate of 3.92...