Posts Tagged: may

New Orleans Home Sales at Five Month Low in May

Americans bought fewer new homes in June after sales jumped to a two-year high in May. The steep decline suggests a weaker job market and slower growth could make the housing recovery uneven. The Commerce Department said Wednesday that sales of new homes fell 8.4 percent last month from May to a seasonally adjusted annual… Read more »

Casper, Wyoming Home Prices Went Up in May

Overall home prices in Casper increased by 14.2 percent in May compared to a year ago, according to a report issued by a national provider of information, analytics and business services. The increase was higher than the 9.5 percent year-over-year increase in April, CoreLogic reported. When distressed sales are excluded, year-over-year prices increased by 7.4… Read more »

Ohio Existing Home Sales Jumped More Than 20% in May

Monthly sales of existing single-family homes and condos jumped by over twenty percent in Ohio during May while total sales for the year are thirteen percent ahead of last year’s pace according to the latest housing data from the Ohio Association of Realtors(R) (OAR). An estimated total of 11,018 existing single-family homes and condos were… Read more »

Florida Home Sales Up Again in May

Monthly sales of existing single-family homes and condominiums improved again in Florida with total transactions improving by over five percent from April to May and home prices for both single-family homes and condos improved on both a monthly and yearly basis according to the latest data from the Florida Realtors(R). An estimated total of 28,718… Read more »

Texas Housing Market Improving

May was packed with indicators of an improving housing market here in Texas. According to the latest Multiple Listing Service (MLS) data, existing home sales were up 20 percent over May 2011, prices were up 8 percent, and inventory was at a comfortable six months. “There’s no doubt that the market in Texas and in… Read more »

Boise Home Sales Strong in May

In May 2012, the Intermountain MLS recorded 604 home sales. While this did not represent a significant change in sales from the previous year, the average sales price was up over thirty thousand dollars. Also, due to the lack of inventory of homes, many buyers frustrated from bidding against investors, have started considering new construction…. Read more »

New Hampshire Home Sales Jumped in May

Home sales shot up 27.7 percent in May compared with the same month a year earlier, and the New Hampshire Association of Realtors hailed the jump as a sign of recovery in the housing market. According to the group, 1,221 homes were sold in the state last month, compared with 956 in May 2011. A… Read more »

Rhode Island Home Prices Rising Steadily

Home prices are steadily rising in the Ocean State, which is a good indicator that the housing market is seeing improvement. Prices are up in 19 out of 20 major cities, and Rhode Island looks to be moving in the right direction. “Year over year we didn’t rise, but we certainly didn’t fall short of… Read more »

Utah Home Sales Up for Second Month

Utah home prices are up for the second month in a row as buyers are competing over a tighter inventory of houses. The Utah Association of Realtors says Thursday that the median home price in May was $181,000, up from $176,000 a year earlier. Home sales are also up compared with last year. Utah real… Read more »

US Home Sales Up in May from April, Previous Year

What a difference a month makes as home sales soared in May following April’s flat performance according to RE/MAX’s National Housing Report (NHR) with home sales increasing by nearly 13 percent from the previous month and home prices posting a solid gain, staying above last year’s prices for the fourth consecutive month, Closed transactions of… Read more »

Illinois Home Sales Saw Best Performance in Five Years in May

Home sales in Illinois recorded their best May performance since 2007, and year-over-year median sales prices moved into positive territory in the Chicago area for the first time in more than four years, data released by the Illinois Association of REALTORS(R) show. Statewide home sales (including single-family homes and condominiums) in May 2012 totaled 11,984… Read more »

Southern Florida Saw Slight Increase in Home Prices in May

After falling for nine months straight, single-family home prices in South Florida rose in May as the spring buying season boosted values, according to Standard & Poor’s Case-Shiller 20-city housing index released Tuesday. Home prices in the region including Miami-Dade, Broward and Palm Beach counties rose 1.2 percent between April and May, after falling 0.2… Read more »

ID: State Real Estate Prices Dropped the Most in the Nation in May

May’s drop in Idaho home prices eclipsed all other states and the nation as well at 16.4 percent, including distressed properties, compared to May 2010, according to CoreLogic, an online tracker of real estate information. Idaho has topped CoreLogic’s Home Price Index since last year. Home prices in Boise and Nampa declined by 15.09 percent… Read more »

ME: May Real Estate Prices Dropped 28% Year Over Year

The number of existing home sales in May dropped 28 percent compared to the same period last year, according to a Wednesday release from the Maine Association of Realtors. The median sales price also dropped slightly May-over-May, from $169,900 to $165,700, a 2.47 percent drop. The group reported that there were 784 units sold statewide… Read more »

Central Kentucky Home Sales Dropped 28% in May

Residential home sales in Central Kentucky counties fell almost 30 percent year over year in May, the Lexington-Bluegrass Association of Realtors said this week. The group, which represents Realtors in 12 area counties, said there were 606 residential sales closed in the month, down 27.8 percent from 839 in May 2010. Last year’s numbers were… Read more »

GA: Atlanta Real Estate Prices Up Slightly in May

The metro Atlanta median home price in May ticked up about $4,000 from last winter, though it was still $21,200 lower than May2010, according to the National Association of Realtors. The agency’s latest monthly sales report shows metro Atlanta prices are moving in the right direction, said NAR spokesman Walter Molony. “But I wouldn’t read… Read more »

AL: Birmingham Home Prices Fell in May

Birmingham area home prices declined in May, pulled down by foreclosure-related transactions, according to research firm CoreLogic. Home prices in Alabama’s largest metro area, including distressed sales, declined by 9.6 percent in May from the prior year, CoreLogic said today. The year-over-year decline in April was 9.3 percent. May’s decline was 6.2 percent when foreclosure-related… Read more »

US Home Prices Up in May for Second Consecutive Month

Hours after the National Association of Realtors announced an 8.2 percent jump in May prices, CoreLogic confirmed its May numbers show a second consecutive month-over-month increase. According to the CoreLogic Home Price Index, national home prices, including distressed sales, increased by 0.8 percent in May 2011 compared to April 2011. On a year-over-year basis, home… Read more »

KS: Home Sales Beat National Average in May

Kansas home sales rose from month-earlier levels during May, but trailed year-earlier sales by nearly 21 percent, the Kansas Association of Realtors reported Thursday. The association reported 2,760 homes were sold in Kansas, up from 2,434 in April, but far fewer than 3,484 units that changed hands in May, 2010, when a federal tax credit… Read more »

CA: Light at End of the Tunnel for Real Estate?

California’s mangled real estate market saw a sliver of promise Tuesday, despite a downward national trend in home sales. The California Association of Realtors said pending home sales statewide rose in May, the first year-over-year increase in 18 months. CAR said its Pending Home Sales Index in May was 118.3, up 1.6% from April’s revised… Read more »

CA: Orange County Real Estate Still Sliding

Home prices in Orange County will fall about 4 percent next year, Chapman University economists said Thursday, and will not recover any time soon. The housing market is being buffeted by “countervailing forces” of supply and demand, said Esmael Adibi, director of the Anderson Center for Economic Research at Chapman. “We’re not building many new… Read more »

OR: Portland Home Prices Fell Again in May

Home prices are still falling both locally and nationally. Clear Capital, a Truckee, Calif.-based real estate data firm, said its index of U.S. home prices declined 7.6 percent from a year ago and 2.3 percent from the prior quarter. Clear Capital said Portland Metro home prices fell 10.8 percent compared to a year ago and… Read more »