Prices Still Rising But at Subdued Pace

About 87 percent of REALTORS® who responded to NAR’s monthly survey reported constant or rising prices compared to prices a year ago for a typical transaction. However, prices are increasing at a more subdued pace. Approximately 12 percent of reported sales in November were of properties that sold at a net premium compared to the original listing price, compared to 20 percent in mid-2013. See the November REALTORS® Confidence Index Survey report at http://www.realtor.org/reports/realtors-confidence-index.

Related Posts

  1. U.S. home prices are dropping the most in these regions
  2. Falling home prices are raising the risk of a deeper correction as the housing market cracks under high mortgage rates

Tags:

Leave a Reply