Residential Real Estate News
Top Residential Real Estate News
Pending U.S. Home Sales Dip for Third Consecutive Month
According to the National Association of Realtors, U.S. pending home sales sagged for the third straight month in August 2022. Three out of four major regions experienced month-over-month decreases in transactions; however, the West saw a modest gain. Year-over-year, all four regions posted double-digit declines.
Historic Hurricane Ian Brings High Flash Flood Risk to 7.2 Million Florida Homes
As Hurricane Ian makes landfall in Southwest Florida today, property data company CoreLogic now estimates that 7,201,572 single- and multifamily residences (SFRs and MFRs) with a combined total reconstruction value (RCV) of $1.6 trillion are within the "moderate" and "high" flash flood risk bands, as forecasted by NHC.
Hurricane Ian Threatens Over 1 Million Florida Homes With Storm Surge Damage
According to property data company CoreLogic, there are 1,044,412 single-family and multifamily homes along the Florida Gulf Coast with a reconstruction cost value (RCV) of approximately $258.3 billion that are at potential risk of storm surge damage from Hurricane Ian.
Ireland Housing Inventory Spikes 22 Percent Annually in September
According to Irish property portal Daft.ie, Ireland housing prices were largely stable between June and September 2022. The average listed price nationwide in the third quarter of 2022 was €311,514, up 0.1% on the average for the second quarter of the year and 16% below the Celtic Tiger peak..
