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Tag: US Home Prices

Canada | Global

Canada’s Real Estate Bubble Grew Faster Than Any G7 Country In The Past 30 Years

October 12, 2021

Canadian home prices just keep rising at a faster and faster rate. US Federal Reserve (The Fed) data shows real home prices in the country surged in Q2 2021. Actually, that’s really underselling what happened. Residential real estate prices in Canada are growing at the fastest rates in the G7. Not just over the past […]

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US

US New Home Sales Fall To The Lowest Level In A Year, Ditto For Inventory

June 23, 2021

The US new home market is cooling to pre-pandemic levels of activity, except price growth. US Census data shows new home sales for May came in at the lowest level this past year. Falling sales have helped to lighten the pressure on inventory. The only thing that looks nothing like last year is price growth. […]

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US

US Existing-Home Sales Fall For A Fourth Month As Supply Rises To 7-Month High

June 22, 2021

US home buyers are taking a breather, as prices reach dizzying heights. Dizzying for the US, that is. National Association of Realtors (NAR) data shows existing-home sales fell in May. Higher prices have trimmed demand for several months now. The market is now beginning to head towards its pre-pandemic levels of activity. US Home Sales […]

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US

US Existing-Home Sales Fall Over 3%, Prices Hit A Record High of $329,000

April 23, 2021

The number of U.S. existing-home sales is falling, but it’s definitely not a drag on price growth. The National Association of Realtors (NAR) data shows existing-home sales fell in March. The drop in sales is largely attributed to falling inventory. This has created more pressure on home prices, driving them to new record highs. U.S. […]

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