Home prices

A measure of home prices in 20 U.S. cities rose in October by the most since 2014 as ultra-low mortgage rates and increased buyer appetite for more space depleted housing inventory.

Despite intensified demand and plummeting inventory, consumer home purchasing power made gains behind falling interest rates in October, according to First American.

Defying a tumbling economy, worsening health crisis and early doomsayers, Bay Area single-family home prices jumped to record levels this fall as most counties saw median prices top $1 million.

The median sales price of single-family homes in Miami-Dade surged to an all-time high of $450,000 in November, the third consecutive month of setting a new record and continuing a nine-year streak of monthly increases.

High property value growth can be locked in through proximity to one of the top amenities an area can have: grocery stores.

Portland metro has never had so few homes for sale as seen in November, handing even more power to sellers and forcing buyers to face bidding wars or wait for more owners to list their residential property.

Southern California home prices jumped 11% in November and sales increased by 19% from last year's levels as a robust market streak continued to defy the coronavirus pandemic that saddled the region with high unemployment.

While the haggling tapered off slightly alongside the housing market’s seasonal slowdown, home sales remained five times more competitive than the year before, according to Redfin.

Home sales in the San Antonio area rose for the sixth straight month as prices continued increasing and the inventory of available houses kept tightening.

Albuquerque, N.M., home prices dipped slightly from October to November, but still remained well above where they stood 12 months earlier.