November 25, 2024 / in Housing Market Trends / Luke Feldbrugge Last Updated on November 25, 2024 by Luke Feldbrugge Welcome to the Housing Market Trends December 2024 monthly update from Homes for Heroes. This report focuses on the residential real estate housing market. We listen to the ...
United States Rental Market Trends $1,965Average rent in United States(December 31, 2024) $1,965National average rent(December 31, 2024) -0.2%Month-over-month change(December 31, 2024) 3.4%Year-over-year change(December 31, 2024)
If you're looking to determine the best time to enter the housing market, another metric to study is the difference between the cost of owning versus renting in a particular MSA. Notably, whereas the difference between these ratios for the entire country is just 5.4%, for other MS...
The overall Housing Market Index of 72.8 for the Austin MSA rose 4.2 points year-over-year through June and compares with 70.8 in December 2023. Compared with that of the overall U.S., the Austin HMI has consistently rated higher since early 2021. ...
The median price for a new home in December was $420,700, widening the gap between existing home prices to $41,600 amid steady demand. Pending Home Sales If the latest pending home sales data is a harbinger of spring housing market activity then we’re in for a paltry season...
27834 housing market In December 2024, the median listing home price in 27834 was $268.2K, flat year-over-year. The median listing home price per square foot was $156. The median home sold price was $220K. Median listing home price vs. median home sold price ...
90249 Rental Market Trends $2,356Average rent in 90249(December 31, 2024) $1,965National average rent(December 31, 2024) 1.4%Month-over-month change(December 31, 2024) Year-over-year change How does this data help me?The Zillow Observed Rent Index (ZORI) measures changes in asking rents...
The housing market and inflation The shelter category of the CPI, which includes housing costs, remains a stubbornly large contributor to inflation overall. In December, shelter increased 0.3 percent month-over-month, flat from November. There's no dismissing the fact that housing affordability conti...
But the tides are beginning to turn.Buyers have gained more leverageas homes sit on the market longer. And mortgage rates ticked back down in November and December. Will things keep looking up in 2023? Or could the market overcorrect,leading to a crash? Here’s what buyers and homeowners ...
The National Association of Home Builders (NAHB) regularly surveys builders for its monthly Housing Market Index (HMI). The HMI data released in December found that future sales expectations were up to a nearly three-year high. “While builders are expressing concerns that high interest rates, el...