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Tag Archives: Homes Sales

Power Shift Could Result in Home Sales Spike

forecast

For July, Redfin recorded a 0.3 percent monthly decline in the median sales price of homes sold in the major metros the company tracks, marking the first time in five months that price growth was essentially flat.

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Low Inventory Pushes Home Sales Lower, Prices Higher

Short Sales

RE/MAX released its National Housing report for February, which showed that weather and a lack of inventory continued to push homes sales lower and prices higher. Home prices rose 11.6 percent compared to February, 2013. The median price for a home was $180,450, a 4.3 percent increase from the previous month, and continues a streak of 25 months of monthly price increases.

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