Current Market Data
Homeowners and buyers will prioritize nostalgic, old-world design sensibilities juxtaposed with modern sustainability technologies next year, according to Zillow.
Experts were asked to rate markets in categories such as investment potential and development opportunities.
Looking ahead, the CoreLogic Home Price Insights report predicts home prices will dip by 0.1% in October on a month-over-month basis.
A growing number of renovating homeowners now classify their primary bathroom as a “wet room,” according to the 2024 Houzz Bathroom Trends Study.
Nationally, interest rates fell as builder confidence rose last month.
September pending home sales rose 7.4% to their highest level since March, according to the National Association of REALTORS®.
Sustainability and housing affordability are on the top 10 list.
The S&P CoreLogic Case-Shiller U.S. National Home Price Index hit a new record in August, marking the 15th month in a row of new highs.
The median price of a new home sold during the month was also up, according to the U.S. Census Bureau and the U.S. Department of Housing and Urban Development.
Meanwhile, an increase in inventory brought some softening to median selling prices last month.
Sales slid 1% compared to August, the National Association of REALTORS® said.
New listings for single-family homes and condominiums increased for the first time in three months in September.
Multifamily starts, meanwhile, declined, the U.S. Census Bureau and the U.S. Department of Housing and Urban Development said.
October’s increase comes as inflation slows and mortgage rates decline.
Meanwhile, single-family home and condo sales were down from last year.
At the same time, the median-sales price declined from August, according to the RE/MAX National Housing Report.
