2017 Closes Strong, Record High December Home Prices

  January 2018 RE/MAX National Housing Report January 16, 2018 DENVER – While sales dropped slightly from a year ago, December capped off a 2017 of record home prices, speedy sales and low inventory. The January RE/MAX National Housing Report shows the median home price rose 8.1% year-over-year, with 50 of the report’s 54 markets posting[…]

Existing-home sales hit 11-year high – but inventory, price troubles loom

The continued inventory shortage is causing troubles for buyers, but 2017 still ended up being the best year for existing-home sales in 11 years, according to the National Association of Realtors. Existing-home sales dropped 3.6% month over month on a seasonally adjusted basis in December as inventory woes continued. But even with that decline, sales[…]

Home prices spike more than 6% for fourth straight month

November was the fourth consecutive month to show annual home-price growth of more than 6%, according to new data from CoreLogic. CoreLogic’s November Home Price Index (HPI) and HPI Forecast, released Tuesday, found that home prices nationally increased by 7% year over year and 1% month over month. CoreLogic’s HPI Forecast projected that home prices[…]