National home prices in the U.S. are at record highs, with the Zillow Home Value Index showing increases above the 2022 peak. Morgan Stanley predicts further price rises in the coming years. Redfin reports a median home-sale price of $394,000, up 4.4% year-over-year, with mortgage rates starting to decline. Despite increased inventory, buyers are hesitant due to high prices.
Year to date, U.S. home prices in Zillow's series are up +3.1% I expect the next 1-2 MoM prints to be positive So to finish with a down or flat year, you'd need second half give up to be on par with 2007 or 2022 https://t.co/jVgU29SDOK
Year to date, U.S. home prices in Zillow's series are up +3.1% I expect the next 1-2 MoM prints to be positive So to finish with a down or flat year, you'd need second half give up to be on par with 2007 or 2022. Otherwise, 2024 would mark the 13th straight year of positive…
The housing market is finally seeing more inventory, but buyers aren’t showing up as a ‘cold reality is settling down,' per FORTUNE. In the four weeks ended May 26, the median sale price was up 4.3% from a year earlier to a record $390,613, according to Redfin.
Redfin Reports U.S. Home Prices Hit Another Record High, But Mortgage Rates Are Starting to Decline—Which Could Give Buyers Relief https://t.co/RWakb8xSJh https://t.co/XdDQ51F5xI
Redfin Reports U.S. Home Prices Hit Another Record High, But Mortgage Rates Are Starting to Decline—Which Could Give Buyers Relief The median U.S. home-sale price hit an all-time high of $394,000 during the four weeks ending June 9, up 4.4% year over year—the biggest increase…
Morgan Stanley now expects national home prices to rise: +2% in 2024 +3% in 2025 https://t.co/tGC4Ck6mr1 https://t.co/WtKhc1VwCY
National home prices, as measured by the Zillow Home Value Index are +1.3% above the 2022 peak as of April 2024. However, as the map shows above, there’s a great deal of variation across the county. https://t.co/TeGHV2NeNp
U.S. home prices, as measured by the Zillow Home Value Index, rose +0.84% between the April 2024 reading and the May 2024 reading +3.9% year-over-year +2.2% above the 2022 peak This is a national aggregate. Some Gulf markets, including Cape Coral and North Port, saw a… https://t.co/ogkgEHnKye
More Than 3 in 5 Home Listings Are Now ‘Stale’ As Record-High Costs Dampen Demand https://t.co/I0QZOJ0km1 https://t.co/cC5ZQNHiO6