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U.S. states and D.C. by median home price, February 2024 (in February 2024 dollars) [1] State rank State or territory Median home price in US$ 1 Hawaii: $839,013 2 California: $765,197 — District of Columbia: $610,548 3 Massachusetts: $596,410 4 Washington: $575,894 5 Colorado: $539,151 6 Utah: $509,433 7 New Jersey: $503,432 8 Oregon: $487,244 9
Read More: How to Get Rich in Real Estate Starting with Just $1,000 Using data from Zillow, GOBankingRates outlined the housing market situation in every state from 2022 to the present.
These regulations had the net effect of reducing housing construction and reducing the ability of regional housing stock to adjust to changing market conditions. Beginning in the last quarter of the 20th century, market-wide housing shortages have existed in a growing number of markets throughout the country, starting in prosperous coastal ...
🏡 Key housing market statistics According to Bankrate’s weekly national survey of large lenders, the average mortgage interest rate on a 30-year loan was 6.47 percent as of Sept. 4.
Housing Needs By State, Washington, DC: National Low Income Housing Coalition; COVID-19 Housing Policy Scorecard, Eviction Lab "Homelessness Statistics by State", Usich.gov, Washington DC: U.S. Interagency Council on Homelessness
Mortgage rates still high at the start of 2025. The housing market faces stiff headwinds in 2025. Mortgage rates rose in each of the first three weeks of January, and hover near 7%. Many market ...
In Canada, the New Housing Price Index is calculated monthly by Statistics Canada. Additionally, a resale house price index is also maintained by the Canadian Real Estate Association , based on reported sale prices submitted by real estate agents, and averaged by region.
The current housing market Home sale prices: The country’s median existing-home sale price in June 2024 was $426,900, according to the National Association of Realtors (NAR) — the highest ...