home price Archive

Strong Dollar and Foreign Home Sales

The U.S. dollar has become mighty once again.  It has strengthened against most foreign currencies.  That permits Americans to buy foreign products at cheaper prices and to travel abroad with fewer dollars.  However in the opposite direction, the strong...

November 2014 Housing Affordability Index

At the national level, housing affordability is down from a year ago for the month of November as higher prices make it less affordable to purchase a home despite the lowest mortgage rates in the last 16 months. •...

Modest Price Growth Projected in Next 12 Months

With rising inventory  and the strong price recovery since 2012, REALTORS®  responding  to the  November 2014 REALTORS® Confidence Index Survey expected home prices to increase modestly in the next 12 months, with the median at about 3 percent:    http://www.realtor.org/reports/realtors-confidence-index[1]....

Home Prices Rebound, but Still Down from Peak

Back in the 3rd quarter of 2005, the national median home price peaked at $227,633. Nine years later, the national median was $216,367 in the 3rd quarter of 2014, a decline of 4.9%. While the national median sale price...

REALTORS® Expect Modest Price Growth in Next 12 Months, as of August 2014 Survey

REALTORS® expected home prices to increase modestly in the next 12 months, with the median expected price increase at 3.5 percent, according to data gathered from the August 2014 REALTORS® Confidence Index Survey. [1] Local conditions vary with expectations...