Latest news with #home sales
Globe and Mail
4 days ago
- Business
- Globe and Mail
Canadian home sales rise 2.8% in June
Canadian home sales rose 2.8 per cent June from May and were up 3.5 per cent on an annual basis, data from the Canadian Real Estate Association showed on Tuesday. The industry group's Home Price Index edged down 0.2 per cent on the month and was down 3.7 per cent annually, while the national average selling price was down 1.3 per cent on the year.
CTV News
5 days ago
- Business
- CTV News
B.C. sees increase in home sales, except in Vancouver
Vancouver Watch Despite an uptick in home sales across the province, the market remains cool in Vancouver - here's why that could be.
Yahoo
11-07-2025
- Business
- Yahoo
Homes in Chemung County sold for higher prices recently: See how much here
Newly released data from for April shows that potential buyers and sellers in Chemung County saw higher home sale prices than the previous month's median of $118,000. The median home sold for $157,450, an analysis of data from shows. That means April, the most recent month for which figures are available, was up 33.4% from March. Compared to April 2024, the median home sales price was the same as last year. sources sales data from real estate deeds, resulting in a few months' delay in the data. The statistics don't include homes currently listed for sale and aren't directly comparable to listings data. Information on your local housing market, along with other useful community data, is available at Here is a breakdown on median sale prices: Looking only at single-family homes, the $159,950 median selling price in Chemung County was up 35.6% in April from $118,000 the month prior. No single-family homes sold for $1 million or more during the month. Across New York, homes sold at a median of $488,992 during April, down 4.1% from $510,000 in March. There were 9,825 recorded sales across the state during April, down 5.4% from 10,386 recorded sales in April 2024. Here's a breakdown for the full state: The total value of recorded residential home sales in New York decreased by 21% from $10 billion in March to $7.9 billion this April. Out of all residential home sales in New York, 16.47% of homes sold for at least $1 million in April, up from 15.12% in April 2024. Sales prices of single-family homes across New York decreased by 2.8% from a median of $450,000 in March to $437,255 in April. Since April 2024, the sales price of single-family homes across the state was up 4.1% from $420,040. Across the state, the sales price of condominiums and townhomes dropped 6.3% from a median of $629,892 in March to $590,036 during April. The median sales price of condominiums and townhomes is up 5.4% from the median of $560,089 in April 2024. The median home sales price used in this report represents the midway point of all the houses or units listed over the given period of time. The median offers a more accurate view of what's happening in a market than the average sales price, which would mean taking the sum of all sales prices then dividing by the number of homes sold. The average can be skewed by one particularly low or high sale. The USA TODAY Network is publishing localized versions of this story on its news sites across the country, generated with data from Please leave any feedback or corrections for this story here. This story was written by Ozge Terzioglu. Our News Automation and AI team would like to hear from you. Take this survey and share your thoughts with us. This article originally appeared on Elmira Star-Gazette: Homes in Chemung County sold for higher prices recently: See how much here
Bloomberg
23-06-2025
- Business
- Bloomberg
US Home Resales Stay Sluggish on Affordability Constraints
US previously owned home sales rose slightly in May to a still-sluggish pace that continues to show a housing market constrained by poor affordability. Contract closings increased 0.8% to an annualized rate of 4.03 million last month, just the second advance this year, according to data released Monday by the National Association of Realtors. That compared with the 3.95 million median estimate in a Bloomberg survey of economists.
The Independent
22-05-2025
- Business
- The Independent
April home sales slow with high mortgage rates, prices, putting chill into spring buying season
Sales of previously occupied U.S. homes fell in April, as elevated mortgage rates and rising prices discouraged prospective home buyers during what's traditionally the busiest time of the year for the housing market. Existing home sales dropped 0.5% last month from March to a seasonally adjusted annual rate of 4 million units, the National Association of Realtors said Thursday. Sales fell 2% compared with April last year. The latest home sales fell slightly short of the 4.10 million pace economists were expecting, according to FactSet. Home prices increased on an annual basis for the 22nd consecutive month, although at a slower rate. The national median sales price rose 1.8% in April from a year earlier to $414,000, an all-time high for the month of April. There were 1.45 million unsold homes at the end of last month, a 9% increase from March, and 20.8% higher than April last year, NAR said. That translates to a 4.4-month supply at the current sales pace, up from a 3.5-month pace at the end of April last year. Traditionally, a 5- to 6-month supply is considered a balanced market between buyers and sellers.
