Buyers are up against a persistent shortage of affordable listings to choose from, property prices continue to climb. consider pending sales a leading indicator because they track contract signings.
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Homebuilder confidence experiences largest one-month gain in a decade Homebuilders' Confidence Takes Biggest One-Month Drop Ever – Homebuilders’ Confidence Takes Biggest One-Month Drop Ever. The gauge of expectations for single-family home sales for the next six months fell 6 points to 54, a nine-month low, from 60 the month before. The component on prospective buyer traffic dropped 9 points to 31 from 40 in January. February’s level was the lowest since April, when it came in at 30.
The September pending home sales report is out and it’s a miss. Sales climbed by just 0.3%, according to the National Association of Realtors.. Economists are looking for 2.5 percent increase.
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· SHARE OF NEW CONSTRUCTION HOME SALES CONTINUES ITS CLIMB IN ADA COUNTY. Key Takeaways: New construction sales are gaining more and more of the market share and continuing to influence the overall median sales price.
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LCAR President Nancy Sarley said she expects this “slow and steady” growth in pending sales to continue. a 1.4 percent gain. Homes costing $100,001 to $200,000 saw an identical upturn – only one.
The region’s median sales price landed at $225,500 selling in 43 days on market – a decrease of more than 25 percent over last July. GCAR President, Susan Sommers of Better Homes and Gardens Tech Valley Real Estate speculated that the trend will continue into the next quarter, "Seller obtained 97 percent of list price.
Pending Sales Beat Estimates, Resume Climb Pending home sales posted a second solid performance in 2019 , with home purchase contract signings in March recovering from their slight dip in February.
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Pending home sales continue to climb. After remaining flat in February, pending home sales increased in March, floating above year-ago levels, according to the National Association of Realtors, which noted contract activity in recent months shows only modest movement.
Median sales prices continue to climb, escalating 6.3 percent to $271,000. This marks 40 consecutive months that the median sales price is up in a year over year comparison. Year to date, median.
Pending home sales. are finally climbing and the prospect of higher mortgage rates are perhaps encouraging more aspiring buyers to begin their search now,” Yun said. “Sadly, these positive.