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Those conditions have stalled homebuying activity, as affordability remains a major issue. Would-be buyers are instead staying locked into low rates at their current homes or continuing to rent .
There’s good news in the housing market to close out 2024: There’s a lot more supply on the housing market. But much of it is sitting unsold. ... The latest monthly price report from S&P ...
Wyoming. February 2024 home value: $333,745 6-month change in home value (dollar amount): $1,089 1-year change in home value (dollar amount): $10,453 2-year change in home value (dollar amount ...
Improvements in market competitiveness have eased conditions somewhat within the past year. However, high costs and continued housing shortages have kept overall homebuying difficulty high.
🏡 Key housing market stats The median home-sale price as of September 2024 was $404,500 — the highest September median NAR has ever recorded and only about $20K short of the all-time high
A housing supply gap of 6.5 million homes. At its root, inflation is a result of an imbalance of supply and demand. In the housing market, weak inventory was a problem that existed prior to the ...
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