what is the current state of the housing market in the us?
235207
House prices increased 2.29% during the latest quarter (1.52% inflation-adjusted), according to S&P/Case-Shiller. Likewise, the Federal Housing Finance Agency's seasonally-adjusted purchase-only U.S. house price index rose 4.76% y-o-y in Q2 2019 (3.12% inflation-adjusted), the lowest growth in almost five years.
358959
Sideways. At the beginning of the month, the Nationwide reported that house prices fell 1.7 per cent in May. The largest fall in 11 years. The latest data from Zoopla revealed that demand for housing is 54 per cent higher than at the start of March.
199528
America is very large and has the room and materials to make lots of homes. Large supply combined with relatively low tax rates compared to other countries, as well as the avg American household income being 59k makes them somewhat affordable on the scale you are using.
451992
That said, the Minnesota housing market is typically slow in the January to March time period due to the cold weather and the holidays. So, if you're shopping now, this may be a good time to grab a house while it's at a lower price point!
1027278
Home values are still going up—but there's a growing chance that will change. According to the Housing and Mortgage Market Review, home prices have more than a 90% chance of rising or staying the same during the next two years. ... The median list price in April 2019 was $310,000. That's a 7% increase in just one year!
294075
2020 and beyond is a great time to buy property in the San Francisco Bay Area. ... Specifically, the median property price in San Francisco declined by 11.5% from its early 2018 peak. Take a look at the chart below. The good thing about buying now is that at least you didn't buy during the 2018 peak!
907866
The change in housing prices is one of the important indicators of the economy. Of course nobody wants to pay for a higher price when buying a house, but they are expected to rise because we expect our economies to grow. The higher the demand for housing, the better the economy is doing.
893704
You may be in luck. Late Summer and early Fall are prime times to buy a house. There are still plenty of properties on the market, sellers are motivated, and there is less competition.
103371
It still is a great time to buy for 2019. I mean, interest rates are at an all time low despite all the hype and the talk and despite things going up and down, historically, it always goes up. Buying a home is a longterm investment, so it is a good time to buy, in short.
1278069
For buyers in the California housing market, it is a good time to buy. Unsold inventory has dropped as there are fewer active listings and sales are rising. ... believed that now is a good time to buy a home, sharply higher than last year when 23 percent said it was a good time to buy a home.
340322
It is an excellent time to purchase a property in New York City. The market has been softening for several years now and inventory has grown. There are opportunities out there that may not exist in the near future. Interest rates are still low, and the New York market has historically always rebounded.
464222
2020 and beyond is a great time to buy property in the San Francisco Bay Area. 2018 was a peak in SF Bay Area real estate prices. Specifically, the median property price in San Francisco declined by 11.5% from its early 2018 peak. ... A 11.5% decline in the median home price is significant.
489992
The housing bubble in a nutshell For the last few decades, housing prices in New Zealand have risen considerably faster than the average income. Real estate or housing bubbles typically follow a rapid increase in the market price of property to unsustainable levels.
1195122
Housing supply continued to decline significantly across the state, with all areas falling more than 30 percent in active listings from last year. Southern California had the biggest drop in supply, with for-sale properties plunging 47.3 percent year-over-year.
603050
How low are interest rates right now? When we look at the historic mortgage rate data over the last 10 years (2010 – 2020) we see that the mortgage rates currently available are very close to their historic lows: The lowest 5-year variable rate available in the last 10 years was 1.69%, in 2017.
87266
House sales in Auckland and New Zealand are almost 50 per cent down on the same time last year, yet prices continue to reach near-record highs. Just 3990 homes sold across the country in May - 47 per cent down on the same month in 2018, the Real Estate Institute's latest monthly sales data showed.
821453
Mexico: housing prices 2018-2019 In the second quarter of 2019, Mexicans paid on average 1.07 million Mexican pesos to acquire residential property.