Home sales have now posted year-over-year gains in each of the last nine months. But in almost all of those months, the number of homes for sale has declined.
Remember that movie Groundhog Day, where Bill Murray wakes up to the same damn thing again and again? Well, that's how we feel when the Bay area housing sales report drops each month. The numbers have plummeted: 3,586 homes moved.. Read Post
Dwindling affordability hits the Toronto real estate market Warmer weather is failing to heat up the Toronto area housing market as it was hit with the fifth consecutive month of declining year over year sales since the start of the... Read Post
- Pending Home Sales for February fell 1.9% versus estimates of a 1.0% decline and an upwardly revised.3% gain in January. BOTTOM LINE: The number of Americans signing contracts to buy previously owned homes declined more than fo... Read Post