Category: US Property

Housing stock value growth shows extent of US property market recovery


The total value of housing stock in the United States grew to a record high $29.6 trillion in 2016 with the market seen strong growth, according to the latest analysis report. Overall the residential real estate market grew 5.7% or $1.6 trillion in value and regained what was lost during the economic crisis that followed… Read more »

Existing home sales up year on year in the US for 56 months in a row


Existing home sales in the United States increased again in October to the highest annual pace for almost a decade, the latest real estate index shows. All major regions saw monthly and annual sales increases with a national rise of 2% which means that transactions in this sector are now 5.9% above a year ago,… Read more »

Pending home sales in the US up 1.5% month on month after falling in August


Pending home sales in the United States increased by 1.5% in September after a significant fall in the previous month and are now at their fifth highest level over the past year. The latest data from the National Association of Realtors shows that there were increases in the South and West which outgained declines in… Read more »

US home sales down for second month in a row, latest data shows


Existing home sales in the United States unexpectedly slowed in August for the second consecutive month despite mortgage rates near record lows, the latest index data shows. Higher home prices and not enough inventory for sale have kept some would-be buyers at bay, according to the index report from the National Association of Realtors. It… Read more »

Rising prices and tight supply hitting aspiring home owners in the US


Property price growth and tight supply are leading to softening confidence among renters in the United States about whether it’s a good time to buy a home, according to the latest research. The survey from the National Association of Realtors (NAR) also found that a misconception about how much of a down payment is needed… Read more »

Negative equity rates down in the US but still affecting one in 10 owners


Negative equity is still affecting more than one in 10 home owners in the United States five years after the nation’s housing market recovery began, new research shows. Home owners who owe more than their homes are worth are nearly equally dispersed among urban and suburban communities in most metros across the country, says the… Read more »

Pending home sales static in US in June, latest index shows


Pending home sales in the United States were mostly static in June but the latest index from the National Association of Realtors is now at its second highest reading over the last year. However, supply and affordability constraints prevented a bigger boost in activity from mortgage rates that lingered near all-time lows through most of… Read more »

Chinese emerge as enthusiastic buyers of property in the US


The volume of property sold to overseas buyers in the United States has declined slightly but Chinese people are buying more real estate, exceeding the amount of other top international buyers. Research from the National Association of Realtors suggest that waning economic growth in many countries and higher home prices along with a strengthening US… Read more »

Miami property market normalising after years of record growth


After eight years of record or near record residential sales, the Miami real estate market is normalising with steady growth, according to various prominent local market experts. The fast sales growth of Miami middle market properties, the continued high percentage of all cash buyers, preconstruction condo inventory in the rapidly-growing Downtown Miami area and South… Read more »

Property growth sluggish in the US, latest index data suggests


National property growth in the United States increased by a moderate 0.6% quarter on quarter but values are barely rising with variations according to location. The home data index from Clear Capital shows that in the Northeast and Midwest regional quarterly growth rates were sluggish at only 0.2% while the South saw a 0.7% rise…. Read more »