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Tag Archives: Home Sales

Housing Prices Surge and Listing Times Decline During April

While April continues a 19-month trend of decline in the number of houses on the national market, down 13.3 percent, market demand continues to surge, causing rising prices and decreased median time from listing to going under contract. Many houses across the country are selling above their asking price. This trend could continue through May and June as more houses appear on the market.

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Inventory Drops to Record Lows

According to a new report, homes are selling faster, at higher prices, and in higher volumes—all thanks to a tight inventory and ever-rising demand. Prices jumped the most in Manchester, New Hampshire, while sales saw the biggest increase in Richmond, Virginia. Months of supply dipped below three months for the first time in the report’s nine-year history.

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