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Home sales were down by 17% in June, while inventory increased over 27%, compared to numbers from one year ago, according to Remax.
July 18 -
The slowdown in new single-family construction is one of several headwinds homebuilders find themselves facing this summer.
July 15 -
Several Sun Belt cities popular for relocation over the last two years were among markets with the most reduced listing prices in April.
May 27 -
The real estate franchisor's stock price fell by $16.85 per share since the deal was announced in January, making it a less attractive currency.
April 4 -
More properties on the market are also selling quicker, with almost 60% now receiving accepted offers within two weeks.
March 25 -
While low interest rates and low existing-home supply are behind much of the growth, the single-family rental market is also fueling demand.
February 1 -
Average prices were up 15% compared to the same month in 2020.
January 14 -
But the online real estate company is eliminating nearly half of the positions in its existing mortgage business as a result of the deal.
January 12 -
The month saw the highest median home sales price ever along with the quickest time ever to sell a new listing.
May 19 -
These trends, in addition to the increase in appraisal contingency waivers, could add risk to mortgage lender businesses.
March 22