New home sales fell - but prices didn't | WRAL TechWire

Aug 26, 2022 · That’s a drop of 12.6% from the revised June 2022 sales of 585,000 homes and a decrease of 29.6% below the July 2021 estimate of 726,000 new home sales. And, nationally, …

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New Home Sales Fell - But Prices Didn't | WRAL TechWire

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Aug 26, 2022 · That’s a drop of 12.6% from the revised June 2022 sales of 585,000 homes and a decrease of 29.6% below the July 2021 estimate of 726,000 new home sales. And, nationally, …

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Triangle Home Prices To Contract - Or This | WRAL TechWire

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Aug 26, 2022 · And, in the Triangle, prices are still higher than a year ago. The latest month of data from TMLS shows that across the entire region, the median sale price rose 18.3% …

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Home Buyers In Triangle, Take Notice: Prices Drop - WRAL TechWire

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The report of some price relief comes just as a key U.S. mortgage rate fell this week to its lowest level in five weeks. “Mortgage buyer Freddie Mac said Thursday that the average rate on the benchmark 30-year home loan fell to 6.35% from 6.39% last week. The average rate a year ago was 5.30%,” The Associated Press reports. “The average benchmark r...

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New Home Sales Rise As Prices Drop In January - WRAL

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Feb 24, 2023 · And it was 0.7% lower than the $430,500 median price a year ago. "New home sales prices dropped precipitously in January to the lowest median price since February of last …

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New Home Sales Fell By Nearly 17% In April As Buying Became Even …

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May 24, 2022 · The double punch of high home prices and rising mortgage rates took a toll on sales of newly constructed homes in April. ... WRAL Documentaries. ... New home sales fell by …

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‘Oracle Of Wall Street’ Says Home Prices Need To Fall 20% - Fortune

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6 hours ago · The ‘Oracle of Wall Street’ says home prices need to fall 20% to end the ‘generational schism’. Meredith Whitney in 2013. Baby boomers own more homes than …

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Newark, NJ Recently Sold Homes - Realtor.com

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4 days ago · Recently sold homes in Newark, NJ had a median listing home price of $589,999. There were 340 properties sold in Newark, NJ, which spent an average of 49 days on the market.

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Raleigh’s Housing Market Avoids – So Far - WRAL TechWire

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Jul 21, 2022 · And in Charlotte, 42.2% of homes for sale are under contract after two weeks on the market, while in Raleigh, 41.4% of homes go under contract within 14 days of being listed …

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New Newark, NJ Real Estate Listings & Latest MLS Home Listings

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Nov 12, 2024 · Residential Units: 2nd Floor: Fully renovated 4-bedroom, 1-bathroom apartment with a lease in place. Enjoy $2,550 in monthly rent for this renovated unit, offering a …

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Prices Are Dropping For Many Homes In Raleigh Area; Listings Are ...

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Jul 14, 2022 · Plus: Inventory is slowly beginning to rise, with more homes coming on the market in May, and again in June. The report found that in the Raleigh area, 25.9% of homes for sale …

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Triangle Home Sale Prices On The Rise Again | WRAL TechWire

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Dec 2, 2022 · The median sale price of homes sold in Durham County in November 2021 was 6.2% higher than a year ago, and also rose compared to October, outpacing the regional …

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Triangle Homes Have Never Been Less Affordable | WRAL TechWire

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Mar 14, 2022 · Compared to February 2021, homes were 25.8% less affordable in February 2022, for the typical homebuyer. And, Triangle-wide, the median price of a home sold in February …

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FAQs about New home sales fell - but prices didn't | WRAL TechWire Coupon?

Are home prices rising?

Despite the slower sales pace, home prices increased on an annual basis for the 15th consecutive month. The national median sales price rose 3% from a year earlier, to $404,500. While the rate of price growth has been slowing, the latest median sales price is 49% higher than it was five years ago, before the pandemic. ...

What happened to new home sales in January?

New home sales slipped 0.3% to a seasonally adjusted annual rate of 662,000 units last month, the Commerce Department's Census Bureau said. The sales pace for January was revised up to 664,000 units from the previously reported 661,000 units. ...

Are soaring home prices a political issue?

Years of soaring home prices have helped put homeownership out of reach of many Americans, making housing a key political issue for voters in next month’s election. The U.S. housing market has been in a sales slump dating back to 2022, when mortgage rates began to climb from pandemic-era lows. ...

What's going on with the new house price?

The report from the Commerce Department on Monday also showed the median new house price last month was the lowest in more than 2-1/2 years, while supply was the highest since November 2022. Builders are ramping up construction, while offering price cuts and other incentives as well as reducing floor size to make housing more affordable. ...

Is the US housing market in a sales slump?

The U.S. housing market has been in a sales slump dating back to 2022, when mortgage rates began to climb from pandemic-era lows. Existing home sales sank to a nearly 30-year low last year as the average rate on a 30-year mortgage surged to a 23-year high of nearly 8%, according to mortgage buyer Freddie Mac. ...

What happened to real estate sales in September?

That marks the second straight monthly decline and the slowest annual sales pace since October 2010 when the housing market was still in a deep slump following the late-2000s real estate crash. Sales fell 3.5% compared with September last year. ...