The average home sale price in Manhattan is now about $1.87 million, according to new real estate reports documenting sales prices in 2015's second quarter. That's the highest average selling price the borough's real estate market has...Show More Summary
Add Michael Malone's home in Granite Bay to this year's free agent crop. The new Denver Nuggets head coach on Tuesday listed the Northern California property for sale at $1.3 million.
The average sales price rose 11 percent, to $1.87 million, compared with the same period in 2014, thanks to a strong local economy, combined with high demand and not enough listings.
Home sales are off to their best year since before the financial collapse, according to the National Association of Realtors (NAR). According to the association’s Pending Home Sales Index (PHSI), a predictor of housing market activity based on contract signings, contract activity rose again in May for the fifth straight month and is at its highest level since April...
HIA says booming apartment sales fail to offset detached house declines in May.
Housing Industry Association says record high apartment sales fail to offset decline.
Images via TEAM.E Hayes Valley has been home to an influx of fancy new condo projects in recent years, and the latest to hit the neighborhood is Fulton 555. The 139-unit complex, designed by Ian Birchall & Associates, is getting...
There are several questions surrounding the US housing industry. For example the pace of housing starts, new and pending home sales, all deserve serious consideration. In this short essay I attempt to map out my take on this critical activity for the level of aggregate demand. Based on data from the [...]
Looking for a new place to live? Have I got a deal for you: Single family home, good school district, 18,930 square feet. Did I mention it’s a former military base that housed Nike missiles from 1960 until 1966? Read more...
MIAMI -- In the real estate industry, all eyes seem to be on millennials: Will they or won't they buy homes? New research from credit bureau Equifax suggests that student loan debt is what's keeping many in this cohort from taking the plunge into homeownership...
Don and Betty Draper's very first home in Mad Men was in Ossining, NY. Throughout the series, the home that was used was located in Pasadena, California. However, in the pilot, a home in New Rochelle, NY was used—and that's what's on the market for $1.15 million right now. [ more › ]
The Wall Street Journal is Rupert Murdoch’s PR organ for his Move Inc. subsidiary, which provides marketing services Realtors. The Journal put out a PR release yesterday that,” U.S. New-Home Sales Rise to 7-Year High.” While technically...Show More Summary
Mortgage rates are low and U.S. rents are rising. Home buyers are snapping up today's new construction. Analysis, plus access to mortgage rates which still hover near 4 percent. Click for the complete post : New Home Sales Hit 7-Year Best On Low U.S. Mortgage Rates.
The new home sales report for May was solid, with sales above expectations at 546 thousand on a seasonally adjusted annual rate basis (SAAR), and upward revisions to prior months.Earlier: New Home Sales increased to 546,000 Annual Rate...Show More Summary
Americans scooped up more new homes in May, lifting sales to a seven-year high.
While the number of new home sales reported earlier beat consensus expectations, coming in at 546K above the estimated 523K, driven mostly by another curious surge in Northeast sales (up 88% from April) where something is clearly afoot following the recent historic outlier in housing permits as shown a week ago...... Show More Summary
Matthew Busch/Bloomberg via Getty Images By Lucia Mutikani WASHINGTON -- New single-family home sales increased in May to a more than seven-year high, further brightening the outlook for the housing market and the broader economy. The...Show More Summary
Sales of newly-constructed single-family homes rose 2.2% in May compared to April and were 19.5% higher than the pace in May 2014, according to a Tuesday report. May sales of new single-family homes reached an annual, seasonally-adjusted rate of 546,000, according to data from the Commerce Department. That level is below the revised rate of 534,000 (annual, [...]
May print brings latest sight of rising momentum after years of sluggish progress.
The Census Bureau reports New Home Sales in May were at a seasonally adjusted annual rate (SAAR) of 546 thousand. The previous three months were revised up by a total of 34 thousand (SA)."Sales of new single-family houses in May 2015 were at a seasonally adjusted annual rate of 546,000, according to estimates released jointly today by the U.S. Show More Summary