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Lack of supply and high prices hit home sales market in the US

A lack of properties on the market and deteriorating affordability led to pending home sales in the United States falling in January by 2.8% to their lowest level in a year. Interest in buying a home has increased to its highest point since the global economic downturn but the buying market is currently challenging, according […] The post Lack of supply and high prices hit home sales market in the US appeared first on PropertyWire . Continue reading

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Price growth in southern US now outperforming California, latest research shows

Housing markets in California are no longer the fastest growing in the United States as they are being overtaken by Florida, Texas and Tennessee, according to new real estate market research. With the latest index from real estate firm Zillow showing that home values have increased by 7.2% in the year to January 2017 and […] The post Price growth in southern US now outperforming California, latest research shows appeared first on PropertyWire . Continue reading

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US existing home sales began 2017 strongly, index figures show

Existing home sales in the United States began the year strongly, increasing to their fastest pace in January for almost a decade, the latest index shows. Prices increased by 7.1% in the 12 months to January 2017 to a median of $228,900, the fastest price rise since January 2016 and it was the 59th month […] The post US existing home sales began 2017 strongly, index figures show appeared first on PropertyWire . Continue reading

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