Sales down, prices up in RE/MAX February housing report

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February home prices reached a new high as steady demand combined with record low inventory drove prices up, according to this month’s RE/MAX national housing report that surveys 53 metro areas. Last month saw a negligible decline (-0.02%) in home sales from February 2016, which posted the most sales in the nine-year history of the report.

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Freddie Mac: Mortgage rates increase amid strong jobs report The 2 basis point rise took 30-year rates to 4.08% according to figures released by Freddie Mac. an increase from 39.2% to 40.4% in the week prior. The Mortgage Bankers Association also released.

RE/MAX: February home sales down 3% – HousingWire – February home sales dropped 3% from one year ago, but increased from January, according to the RE/MAX national housing report. It’s the first time in four months that the yearly difference did not.

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Housing activity in the report’s 54 markets nationwide also saw the median sales price grow by 3.4% year-over-year – notably smaller than the year-over-year increases in February (5.5%) and.

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According to the March RE/MAX National Housing Report, home sales dropped 0.2% from February 2017, while the Days on Market average of 62 days was the lowest of any February in the report’s nine-year history.

RE/MAX National Housing Report for February 2019. the median of all 54 metro Median Sales Prices was $240,000, up 2.2%. The number of homes for sale in February 2019 was down 1.4% from.