Even in the face of inventory shortages and hurricane hangover, the housing market is showing strong signs in Q4, on the back of a strong jobs market.
ESA Great Graphs | First-time homebuyers fueled a brief housing rebound, as home sales perked-up in September. Prices appreciated year-over-year for the 55th straight month.
ESA Great Graphs | Housing market slides again in August, this time with alarmingly low inventory available to meet demand. Median prices continued their 54-month trend of increases.
ESA Great Graphs | With housing inventory hovering near historic lows, US existing home sales declined in July, while pricing surged again.
ESA Great Graphs | US Existing Home sales rose slightly in June; the headline here is 52 straight months of price appreciation. However, there are signs of a potential slowdown.
ESA Great Graphs | The housing market might not be all the way back, but signs of increased spending around the home are present in many markets. (Jake Winchell, ESA)
ESA Great Graphs | The May US Housing market was Exhibit A for supply (tight) and demand (high), leading to a new peak in average existing-home prices.
ESA Great Graphs | April’s US housing market increased even in the face of tight inventory and accelerating prices. And that makes it 50 straight months of YOY gains in median existing-home pricing.
ESA Great Graphs | The US housing market rebounded in March after a slow February. Existing-Home Sales were up 1.5% year-over-year, and median prices notched their 49th straight annual advance.
ESA Great Graphs | The quick math of February’s “icy” housing market: Continued upward pricing momentum + “unshakably” low inventory levels = soft U.S. existing-home sales.