Pending Home Sales Dip for Fifth Consecutive Month in the U.S.

According to the National Association of Realtors, U.S. pending home sales slid for the fifth consecutive month in October 2022. Three of four U.S. regions recorded month-over-month decreases, and all four regions recorded year-over-year declines in transactions.

U.S. Home Price Appreciation Contracted Swiftly in September

The latest S&P CoreLogic Case-Shiller U.S. National Home Price NSA Index reported this week a 10.6% annual gain in September 2022, down from 12.9% in the previous month.

U.S. Home Price Growth is Slowing Mostly in Pandemic Boomtowns and West Coast Tech Hubs

According to national property broker Redfin, U.S. home-price growth has slowed fastest in pandemic boomtowns and tech cities including San Francisco, San Jose, Austin, Phoenix and Boise -- as high mortgage rates and an uncertain economy deter would-be buyers.

Despite Economic Uncertainty in the U.S., Black Friday Shopping Upticks in 2022

Based on brand new Retail Research by CBRE, Black Friday in the U.S. was off to a better-than-expected start for the 2022 Christmas holiday shopping season.

Baltimore Property News

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