Real Estate Blog & News

Pending home sales fell 20% in June versus a year earlier, as mortgage rates soared

https://www.cnbc.com/2022/07/27/pending-home-sales-fell-20percent-in-june-versus-a-year-earlier-as-mortgage-rates-soared.html

US Existing-Home Sales Drop a Fifth Month to a Two-Year Low

https://www.bloomberg.com/news/articles/2022-07-20/us-existing-home-sales-drop-a-fifth-month-to-a-two-year-low?srnd=premium&sref=SWXVDENa

U.S. Home Prices Hit New Record of $416,000 in June as Sales Continued to Slide

https://www.wsj.com/articles/u-s-home-sales-fell-again-in-june-economists-estimate-11658309401?mod=hp_lead_pos10

Home Building Slipped in June for Second Straight Month

https://www.wsj.com/articles/residential-construction-slipped-in-june-for-second-straight-month-11658240890

Mortgage Rates in the US Restart Climb, Increasing to 5.51%

https://www.bloomberg.com/news/articles/2022-07-14/mortgage-rates-in-the-us-restart-climb-increasing-to-5-51?sref=SWXVDENa

Euro Drops to Dollar Parity for First Time in Two Decades

https://www.bloomberg.com/news/articles/2022-07-13/euro-slides-to-parity-with-dollar-for-first-time-in-two-decades?srnd=premium&sref=SWXVDENa

Home-Sale Cancellations Jumped in June as Buyers Backed Away

https://www.bloomberg.com/news/articles/2022-07-11/home-sale-cancellations-jumped-in-june-as-buyers-backed-away#xj4y7vzkg

In Florida’s Naples, a $62 Million Home Sale Sets a Record

https://www.linkedin.com/sharing/share-offsite/?url=https%3A%2F%2Fwww.wsj.com%2Farticles%2Ffloridas-naples-62-million-home-sale-sets-record-11657134035%3Fst%3Dceav0w4pjlthpjw%26reflink%3Ddesktopwebshare_linkedin

What the housing market correction will do to home prices in 2023

https://fortune.com/2022/07/04/housing-market-2023-predictions-home-prices-2023-forecast/