Home Price Archive

More Properties Were Sold at or Above the List Price in March 2018

In a monthly survey of REALTORS®, the survey asks, “Compared to the original listing price, at how much of a net discount or net premium did the property sell?” According to a survey of REALTORS® who responded to the...

REALTORS® Expect Home Prices to Increase by Four Percent in the Next 12 Months

In a monthly survey of REALTORS®, respondents are asked “In the neighborhood(s) or area(s) where you make the most sales, what are your expectations for residential property prices over the next year?” Among the respondents, the median expected price...

First-time Buyers Sidelined by Lack of Supply and Rising Prices

Lack of homes available for sale and the concomitant rise in prices appears to be sidelining many first-time potential homebuyers in 2018. In the first two months of 2018, first-time buyers made up only 29 percent of home buyers...

REALTORS® Typically Expect Home Prices to Increase 3% in 2018

In the monthly REALTORS® Confidence Index Survey, the National Association of REALTORS® asks members “In the neighborhood or area where you make most of your sales, what are your expectations for residential property prices over the next year?” Among...

Share of First-time Buyers Held Steady at 32% in 2017 as Home Prices Continue to Increase under Tight Supply

First-time buyers accounted for 32 percent of all buyers of existing homes in December 2017, also the full-year average, according to the December 2017 REALTORS® Confidence Index Survey.[1] Compared to 2016, the share held steady, even as home prices...