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US home market: Sales and prices up but not enough supply

2016-02-23 21:07:34| Real Estate - Topix.net

In this Tuesday, Feb. 16, 2016, photo, "For Sale" signs are stacked up outside a new complex of townhouses in Houston. On Tuesday, Feb. 23, 2016, the Standard & Poor's/Case-Shiller 20-city home price index is released.

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US home sales climbed in January despite weaker economy

2016-02-23 17:02:24| Real Estate - Topix.net

U.S. home sales crept upward in January, a sign that demand for housing remains strong amid signs of slower growth across the broader economy. But buyers face a dilemma: the number of listings on the market has fallen, giving them fewer choices and pushing prices to rise quickly.

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Regional home sales firm

2016-02-06 17:50:06| Real Estate - Topix.net

Home sales in the Merrimack Valley posted solid gains in 2015, as strong buyer activity combined with light inventories pushed prices up, according to a report from the Northeast Association of Realtors. NEAR President Linda Kody, president of Kody & Company Inc. in North Andover, said the results were comparable to those of the state as a whole.

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U.S. pending home sales inch up in December

2016-01-28 21:12:06| Real Estate - Topix.net

The number of people signing contracts to purchase homes managed to inch up last month, thanks to unseasonably warm weather in the Northeast. The National Association of Realtors said Thursday that its seasonally adjusted pending home sales index crept up 0.1 percent to 106.8. Signed contracts jumped 6.1 percent in the Northeast, while they declined in the other three major U.S. regions.

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Pending home sales were almost flat in December

2016-01-28 21:12:05| Real Estate - Topix.net

Economists had estimated that pending home sales rose 0.9% according to Bloomberg, after a 1.1% decline in the prior period. Pending sales, which measure contract signings, were held back by "the stock market's sizeable losses" this year and the slowdown in manufacturing according to Lawrence Yun, chief economist of the National Association of Realtors which releases the monthly report.

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