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Industry Observer - CDRE #01044712

ARCHIVED BLOG POSTS

2022 

On June 27, 2022, National Association of Realtors® (NAR) reported that nationwide pending contract signed home sales increased 0.7% to an index of 99.9 in May of 2022 from an index of 106.2 in April of 2022, but fell 13.6% from May of 2021.Pending home sales index in the Northeast gained 15.4% t...
06/30/2022
On June 16, 2022, California Association of Realtors (C.A.R) reported that homes values declined 0.4% to an average price of $798,720 in May of 2022 from an average price of $801,680,000 in April of 2022, but rose 10.1% from $725,680 in May of 2021. While, homes sales decreased 1.3% in May of 202...
06/29/2022
On June 28, 2022, The Federal Housing Finance Agency (FHFA) announced that the U.S. house price gained 1.6% in April of 2022 from March of 2022, and higher 18.8% from April of 2021, based on home sales values obtained from mortgages sold to or guaranteed by FNMA and Freddie Mac.Nationwide, among ...
06/29/2022
On June 16, 2022, California Association of Realtors (C.A.R) reported that there were 8 homes sold in May of 2022, declined 20.0% from May of 2021, and medium existing home price was $2,75 Million in May of 2022, jumped 63.7% from May of 2021 in South Pasadena, California.There were 11 active lis...
06/28/2022
On June 21, 2022, National Association of Realtors (NAR) reported that on median home value price was $407,600 in May of 2022 rose 14.8% from the price of $355,000 in May of 2021.Single family home sales were at annual rate of 4.80 million units in May of 2022 decreased 3.6% from the annual rate ...
06/28/2022
On June 16, 2022, California Association of Realtors (C.A.R) reported that homes values gained 3.2% to an average price of $650,000 in May of 2022 from an average price of $630,000 in April of 2022, but rose 16.1% from $560,000 in May of 2021. While, homes sales decreased 5.7% in May of 2022 from...
06/27/2022
On June 23, 2022, Danielle Hale of Realtor.com reported the fallowing nationwide median weekly housing trends for the week ending June 18, 2022.Total available listings gained 21.0% for the week ending June 18, 2022, from the same period of time in June of 2021.Time on the market declined 4 days ...
06/27/2022
On June 21, 2022, National Association of Realtors® (NAR) reported that that regional existing home sales in the Northeast gained 1.5% to an annual rate 680,000 homes in May of 2022 from of April 2022, but declined 9.3% from May of 2021. The median price in the Northeast was $409,700 in May 2022,...
06/26/2022
On June 16, 2022, California Association of Realtors (C.A.R) reported that homes values declined 4.2% to an average price of $915,000 in May of 2022 from an average price of $955,000 in April of 2022, but rose 13.5% from $806,000 in May of 2021. While, homes sales decreased 3.6% in May of 2022 fr...
06/25/2022
On June 24, 2022, the U.S. Department of Housing and Urban Development (HUD) and the U.S. Census Bureau reported nationwide new single family home sales increased 10.7% to an annual rate of 696,000 homes in May of 2022 from 629,000 homes in April of 2022, but decreased 5.9% from an annual rate of...
06/25/2022