Privately owned housing starts rose to a seasonally adjusted annual rate of 1.41M, up 1.9% from an August estimate, according to data released Tuesday by the US Census Bureau BY LILLIAN DICKERSON | Staff Writer – INMAN October 20, 2020…
Category: Housing Market Statistics
August Closings: Properties Averaged 3 Offers
August Closings: Properties Averaged 3 Offers The frenzy in the housing market continued in August as buyer competition remained elevated. Properties that closed in August received an average of three offers, according to the August REALTORS® Confidence Index Survey. The…
Where Have All the Houses Disappeared To?
If you’re following what’s happening in the current housing market, you’ve seen how the lack of newly constructed homes is a major reason there’s a shortage of housing inventory available to today’s buyers. Another reason is that the inventory of…
