The Rise of Housing Inventory and Market Prices

Inventory is also most slim on the low end of the market, where demand is strongest. The median existing-home price in June reached an all-time high of $285,700, up 4.3% from June 2018 ($273,800),

Florida’s housing market reported higher median prices and increased inventory (active listings) in February compared to a year ago, according to the latest housing data released by Florida Realtors. Sales of single-family homes statewide totaled 18,966 last month, up 1.9 percent compared to February 2018.

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America’s housing inventory crisis is causing home prices to rise at double the rate of a ‘normal’ market. Nationally, home values rose 6.5% over the past year to a median of $203,400. For the 15th consecutive month, US home values have increased by at least 6%, according to Zillow’s October housing market report.

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Local home prices are still at all-time highs and are a 50% ahead of where they were before the Great Recession. Dallas-area.

California’s Housing Market Forecast. This report covers key housing market data including California home prices, sales, recent trends from CAR, NAR, Statista, Zillow and more, and predict what might be next for 2020.. Unlike many other US housing markets, California real estate prices have sagged, and the experts believe taxes and departing businesses are the reason.

Low housing inventory continues to strain the market. Home sales prices are up 3.4 percent over last year. Home permits had been on the rise in the region in 2014 (2,049 permits), 2015 (2,253.

ORLANDO, Fla., Jan. 22, 2019 /PRNewswire/ — Florida’s housing market reported higher median prices and increased inventory (active listings) in December compared to a year ago, according to the.

Housing market inventory on the rise. This is slightly lower than the fourth quarter of last year, but comparable to levels recorded in the first quarter of last year. In March, the detached price reached $503,800, 3.6 per cent below pre-recession highs, but one per cent above the lows recorded during the recession.

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The nationwide housing market cooled in the second half of this year, and that trend is expected to continue in 2019. Housing inventory will rise and price growth will continue to pull back.

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