U.S.homebuilders' confidence eased this month after surging to the highest level in nearly a year in September.
Asking and effective rents growth for the office sector increased compared with the previous quarter, Reis said in a report.
‘Bubble index’ rates Vancouver as city with most unsustainable house prices and puts several other cities in middle of bubbles
National home values in the United States increased to an average of $187,300 in July, the 48th month in row of appreciating values, the latest index data shows.
Home values have risen by 5% over the past year and have been consistently climbing since August 2012, but still remain 4.7% below the peak of April 2007 when the median home value was $196,600.
The index report from real estate firm Zillow shows that Portland, Dallas and Denver reported the highest year on year home value appreciation among the 35 largest metros across the country. In Portland, home values rose almost 15% to a median value of $334,900 while in Dallas and Denver prices were up 11.9% and 11.3% respectively.
Existing home sales in the United States lost momentum in July and decreased year on year for the first time since November 2015 with a fall of 3.2%, the latest index data shows.
Total existing home sales fell to a seasonally adjusted annual rate of 5.39 million in July from 5.57 million in June and are now 1.6% below a year, only the second time in the last 21 months this has happened.
The data from the National Association of Realtors (NAR) also shows that the median existing home price for all housing types increased by 5.3% in July to $244,100, the 53rd consecutive month of year on year gains.
US new homes sales jumped in July to their fastest rate in nearly nine years, according to Commerce Department figures.
Low interest rates on mortgages and an improving jobs market have helped boost the US real estate market.
New home sales increased by 12.4% in July month-on-month to a seasonally adjusted rate of 654,000 annual units.
Home prices are continuing to rise in the United States with the median value for a single family home reaching more than $1 million in a metro location for the first time.
The record prices was reached in San Jose, California, while the vast majority of metro areas seeing prices rise in the second quarter of 2016, the data from the National Association of Realtors shows.
Overall the median existing single family home price increased in 83% of measured markets, with 148 out of 178 metropolitan statistical areas showing gains based on closed sales in the second quarter compared with the second quarter of 2015.
A jump in Manhattan office leasing activity in July indicates more resilience in New York's commercial real estate market than recent data has suggested, with asking prices poised to surpass their record high in 2008.
Data showing more companies are renewing their leases rather than moving to a new location have been seen as a sign of market weakness because a move is more costly than signing a new lease.
Home ownership in the United States has slowly fallen in recent years to currently its lowest level since 1965 but new research from the National Association of Realtors suggests that could be halted.
The research shows that there are many affordable metro areas and a large segment of current people who rent their home earn enough income to qualify to buy a property.
NAR reviewed employment growth, household income and qualifying income levels in nearly100 of the largest metropolitan statistical areas across the country to determine which areas with employment gains above the recent national average also have the largest share of renters who can currently afford to buy a home.
Homes that were foreclosed during the housing crisis in the United States have gained almost twice as much value as other homes, according to a new analysis.
But the original owners of those homes have not benefited from that recovery as low end homes were much more likely to be foreclosed, the report from real estate firm Zillow shows.
It explains that during the run-up to the housing bubble, many low income earners bought homes, and the home ownership rate rose from about 65% in the middle of the 1990s to almost 70% in 2006.
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