Renting a home is more affordable than buying in over half of housing markets in the United States, a new analysis shows, with prices rising faster than rents.
Remote working has boosted the number of people living in ski resorts in the United States and Canada, resulting in a fall in the number of homes available for sale, a new report shows.
The value of the housing market in the United States reached a cumulative $33.3 trillion in 2018, with California accounting for almost a third of the growth, a new report shows.
Net absorption, measured in terms of available office space sold in the market during a certain time period, dropped to 7.4 million sq ft of office space in the quarter
House price growth in the United States was unchanged in the fourth quarter of 2018, up just 0.9% on a national basis, the latest national real estate index shows.
Existing home sales in the United States increased by 1.9% in November, the second month in a row of rises, according to the latest index report.
Pending home sales in the United States fell by 0.7% in November, but there were minor increases in the Northeast and the West, according to the latest index to be published.
The National Association of Realtors said Wednesday that sales of existing homes rose 1.9 percent to a seasonally adjusted annual rate of 5.32 million last month.
After nearly four years of annual declines in supply, the number of homes for sale has now increased year on year in the United States for three months in a row, the latest index shows.
Sales of previously owned U.S. homes rose for a second straight month and exceeded forecasts in November, suggesting consumer demand is picking up as price gains moderate amid more generous inventories.
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