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Analysis shows US housing market saw strong sales and price growth in 2016

Housing supply reached a record low in the United States at the end of 2016 as the best quarterly sales of the year caused price growth to speed up, the latest index shows. Overall prices in over half of the markets measured by the National Association of Realtor’s index were at or above their previous […] The post Analysis shows US housing market saw strong sales and price growth in 2016 appeared first on PropertyWire . Continue reading

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Pending home sales in the US picked up at the end of 2016, latest index shows

Pending home sales in the United States picked up at the end of 2016 with solid increases in the South and West offset weakening activity in the Northeast and Midwest, the latest index data shows. The Pending Home Sales Index from the National Association of Realtors, a forward looking indicator based on contract signings, increased […] The post Pending home sales in the US picked up at the end of 2016, latest index shows appeared first on PropertyWire . Continue reading

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Homes sales down in the US due to falling supply and affordability

Existing home sales in the United States fell 2.8% year on year in December but the nation saw its best year in a decade for residential real estate, the latest index data shows. Ongoing affordability tensions and historically low supply levels contributed to the fall in sales at the end of 2016 but at 5.45 […] The post Homes sales down in the US due to falling supply and affordability appeared first on PropertyWire . Continue reading

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