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Tag Archives: Home Prices

High Housing Costs Drove Relocation in 2022

As homebuyers nationwide face inflationary home prices, those who purchased a home relocated at an unprecedented rate in Q4, as elevated mortgage rates and economic uncertainty drove many homebuyers to more affordable areas.

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New Listings Wane as Homes Linger on Market

The RE/MAX National Housing Report revealed new listings recorded the largest month-to-month decline in December 2022, while markets with the biggest decrease in year-over-year new listing percentages were found in Sunbelt cities such as Las Vegas and Los Angeles.

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Where Americans Moved in 2022

Southern states are seeing an influx of movers, according to North American Van Lines' 2022 Annual Migration Map, with many Americans migrating to find increased affordability, better quality of life, and lower income taxes.

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New Listings Remain Low Amid Rising Rates, Home Prices

The supply of homes for sale posted a record year-over-year increase in December, according to new data from Redfin's Homebuyer Demand Index, which showed an increasing rise in demand despite many homes lingering on the market due to rising mortgage rates.

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