Summary Southern California’s real estate market continues to race ahead of last year’s performance in terms of both unit sales and prices. Building on the June’s momentum, sales of single-family homes increased by 26% and apartments by 30% on a month-to-month basis. Overall, this brings the total sales of single-family homes and apartments to 6% […]
Summary Southern California’s real estate market experienced a major rebound in sales from May’s low-point, despite still falling short of 2019 numbers Overall sales of single-family homes increased by at least 40%, with apartment sales increasing by 60% Active inventory of single-family homes dropped year-over-year across all counties resulting from surging demand and fewer listings […]
Summary Sales of single-family homes and townhouses/condos increased dramatically in June by 62.3% and 65.5% respectively from May Increased housing demand has reduced available inventory to decade-low levels, which has pushed prices upwards Median sold prices of single-family homes and condos grew by 4.4% and 2.6% year-over-year respectively Larimer County posted impressive increases in the […]
Summary The average sold price of detached homes in the Greater Toronto Area (GTA) increased by 9.1% in June from May, rising 5.6% year-over-year (YoY) Sales of detached homes increased 5% YoY and 95% in June from May Increases in the number of new listings and detached home sales, as well as rises in sold […]
Summary Calgary’s real estate market continues trending towards recovery as sales and listings showed a strong month-over-month increase in June (62% and 38% respectively) New listings increased by 6.5% year-over-year, while sales dropped by 1.5% Despite the drop in sales in June, it was a dramatic improvement over April and May sales numbers, which were […]
Summary The San Francisco Bay Area has experienced one of the largest COVID-19 real estate market slowdowns in the US Sales of existing, single-family homes in May dropped 51.1% YoY; median prices also dropped Sales have dropped significantly compared to supply, which has resulted in an increase in inventory. Tech companies signaling long-term acceptance of […]
Summary Miami’s real estate market is showing signs of recovery from April’s sales slump Pending sales surged by 86% and new listings grew by 57.4%, bringing inventory levels slightly lower than last month’s. Total sales closed declined by 8.3% but numbers are expected to recover as pending sales are finalized Median property prices dropped slightly […]
Summary The average sold price of detached homes in the Greater Toronto Area increased by 5% in May from April but decreased 0.9% year-over-year (YoY) Sales of detached homes have decreased 50.6% YoY, but increased 52% in May from April Increases in the number of new listings and detached home sales, as well as rises […]
Summary Calgary’s real estate market is showing signs of recovery as COVID fears start to ease for both buyers and sellers. Total residential property sales and listings in May have rallied a remarkable 89% and 70% respectively from April’s record lows. Despite gains in May, the market has not yet completely recovered: May sales have […]
Summary: The median sold price of detached homes in Metro Vancouver dropped 3% from pre-COVID (Jan 1 – Mar 15) to post-COVID (Mar 16 – May 31); but increased by 0.3% since April A decline in median assessed value and average size of detached homes from pre- to post COVID suggests buyers’ are showing a […]
