The Freddie Mac House Price Index showed a growth of 6.5 percent in 2023, which is still above the long-term average of 4.4 percent since 1990. However, homebuyer sentiment remains low across all age groups, with people aged 45 to 64 expressing the most pessimistic outlook. The median ...
The average house price in Canada declined in 2023 after increasing for several consecutive years. Nevertheless, home prices are forecast to rise by 2025.
Home insurance is a multi-faceted product with many factors influencing your policy premium. Aside from location, claim history, square footage and other rating factors, the amount of coverage you purchase and the company you choose may also impact the price of your policy. While $300,000 in ...
A greater proportion of take-home pay is going on mortgage bills, according to the lender's house price index. Someone earning the average UK income seeking to buy their first home with a deposit worth 20% of the asking price will have a monthly mortgage bill of 37% of their en...
A significant portion of most household budgets is devoted to food. Food was the third largest spending category for Americans in 2023, according to the BLS survey — and it’s been getting more expensive due to inflation. Over the past year, the price of food eaten at home has risen shar...
A report by Royal LePage says the average home price in Canada in the second quarter edged lower compared with a year ago.
Theaverage cost of homeowners insurance in the U.S. is $1,754 per year, or $146 a month, according to a 2023 Policygenius analysis of home insurance premiums in every U.S. state and ZIP code. Keep in mind that this is just an estimate. Your actual homeowners insurance rates will depe...
Research by consulting firm Parks Associates found that in 2023, the average US home with internet access had 17 connected devices.That wattage adds up.Going back to RECS again, “other end-use” electricity consumption — which includes everything except HVAC, refrigerators, and water heaters —...
This rate increase trend is similar to the previous year, according toS&P Global, which showed that homeowners insurance costs increased by 11.3% in 2023. How To Save Money on Homeowners Insurance While you have little control over some factors, such as your home’s location or age, there ar...
home price of $356,585 using average commission rates. Actual costs may vary depending on your location and specific sale prices.Total realtor commission ranges from 2.00% to 9.00%, with a nationwide average of 5.32% of the property's selling price. The total is usually split between the ...