Home Prices Fall in 23% of Markets But Remain Strong in Northeast and Midwest

Home Prices Fall in 23% of Markets But Remain Strong in Northeast and Midwest

Home prices fell annually in 23% of markets last quarter, but price growth remained strong in the Northeast and Midwest, according to new data from the National Association of Realtors®. Median sales prices for existing single-family homes declined on an annual basis in 51 metro areas out of the 230 tracked, while rising in 176 … Read more

Pending Home Sales Remain Flat in September Despite Falling Mortgage Rates

Pending Home Sales Remain Flat in September Despite Falling Mortgage Rates

Pending home sales remained flat in September despite a healthy decline in mortgage rates, in an early sign of continued weakness for the fall home buying season. Signed contracts for existing homes were unchanged last month from August, and down 0.9% from a year ago, according to data released Wednesday by the National Association of … Read more