Mobile Real Estate News
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Pending Home Sales in U.S. Dip 5 Percent in January
Based on new data from the National Association of Realtors, U.S. pending home sales in January 2024 dropped 4.9%. The Northeast and West posted monthly gains in transactions while the Midwest and South recorded losses. All four U.S. regions registered year-over-year decreases.
U.S. Home Sales Remain Relatively Flat in November
According to the National Association of Realtors, existing-home sales grew in November 2023, breaking a streak of five consecutive monthly declines. Among the four major U.S. regions, sales climbed in the Midwest and South but receded in the Northeast and West.
U.S. Apartments Still Enjoy Healthy Demand in Q3
According to new CBRE research, the U.S. multifamily market continued to see healthy demand in the third quarter of 2023, though rent growth slowed from previous highs.
U.S. Home Prices Cooling Faster Than Normal in November
Based on the latest Zillow market report for November 2023, monthly costs for a new mortgage are falling, inventory is trending back toward normal, and price cuts are uncharacteristically common.
