Housing inventory

Sales of new homes increased in November, capping the best three months for demand since 2007 and reflecting sustained momentum in a residential real estate market that’s helping to underpin the economy.

Pending new home sales increased both on a month-to-month and annual basis, benefitting from the current low mortgage rate environment, although they are still constrained by inventory issues, a Meyers Research report said.

Metro Atlanta home prices continued their climb in November as sellers continued to hold the advantage in negotiations.

Although the housing market in the Twin Cities metro posted only modest gains during November, house prices rose to a new high.

Mortgage rates ended the week unchanged from the previous seven-day period, according to Freddie Mac, although not without some gyrations from the results of the elections in the United Kingdom and U.S-China trade talks.

Sales of previously owned homes declined to a five-month low in November, indicating lean inventories are holding back a residential real estate market that's been supported by low mortgage rates and job growth.

November was another month in the latter part of 2019 where actual existing-home sales outperformed their potential, but that momentum seems unlikely to continue in 2020, First American said.

Canadian home sales picked up in November as a rebound in Toronto and Vancouver offset weakness in Calgary.

The number of homes sold in metro Baton Rouge in November dropped by 2.4% from the year before, while home prices and the number of properties for sale also decreased.

Without the baggage of living through the Great Recession, homeownership rates for Gen Z should exceed that of millennials, a plurality of respondents to a Zillow survey said.