Housing markets

Median closing prices hit a new record high during the four-week period ended Sept. 6, Redfin said.

High-end home sales fueled the market in August while inventory fell to its lowest level in five years, culminating in one of the busiest summers ever for Houston housing.

For both homeowners and renters, Philadelphia is a relatively affordable city with low housing costs when compared with other big cities, but Philadelphia's high poverty rate makes the city more expensive for its residents, especially renters.

Even though second-quarter originations were nearly double the same period in 2019, most were refinancings, which generate less revenue for title companies.

The Spokane County, Wash., housing market continues to show resilience during the coronavirus pandemic as the median closing price skyrocketed to a record-breaking $317,000 in August.

From an increased interest in outdoor space to a need for a dedicated home office, the pandemic has created new drivers for refinancing, moving and other housing decisions, TD Bank found.

Albuquerque, N.M., area home prices continued to rise in August, driven in part by a spike in demand for luxury homes.

That, along with continued high refinance volume over the next three months, keeps originators' profit forecasts elevated, Fannie Mae said.

Oahu single-family homes hit a record-median price in August and sales held steady, while the condominium market remained challenged by the pandemic.

The median sale price of an existing home in Southern Nevada hit $335,000 in August, a new record, according to the Las Vegas Realtors trade organization.

Construction on new homes surged to the highest level in more than a decade as Canada's housing market continues to defy expectations of a slowdown.

Homebuyers are fleeing dense Bay Area neighborhoods for Wine Country environs, heating up a local real estate market rapidly recovering from a pandemic-induced slowdown.

Anticipated population growth has multifamily investors spending more on apartment buildings despite sales volume dropping by 50% for the first half of 2020, compared to the year-ago period, in Miami-Dade and Broward.

U.K. house prices rose by the most in four years in August as buyers rushed to take advantage of a tax cut that is helping to bolster a post-lockdown spurt in property transactions.

As bidding wars raged on and mortgage rates remained near historic lows, housing market confidence grew in August, according to Fannie Mae.

Without further government help, that rate could double again by 2022, CoreLogic said.

More so than their colleagues nationwide, originators in the Southeast are concerned about how supply impacts their business.

Residential real estate has been a hot commodity in the Sioux City, Iowa, metro this summer, with prices and demand rising while interest rates and supply are low.

New Yorkers fleeing the city and cooped-up workers in cramped home offices are helping fuel a hot home sale market in Connecticut, with properties selling at a dizzying pace.

The median sale price for a home in the Capital Region continues to increase, showing a 5% jump in July, compared with a year ago, and $6,500 from June to July.