11.6 percent

National Mortgage News

Brad Finkelstein

October 25

The housing market continues to move toward balance between buyers and sellers. A Remax report shows that there was an 11.6% drop in home sales compared with September 2017, the largest decline since May 2011. However, the median sales price of $241,000 was the highest recorded for any September since the Remax National Housing Report started 10 years ago. This represented an annual increase of 5.6%, more than double the 2.3% price growth seen in the same month between 2016 and 2017.

One State Street Plaza
27th Floor
New York, NY 10004

Follow Us For Updates

All audience and traffic data based on company reports and estimates as of Q1 2016.© 2017 SourceMedia LLC. All rights reserved. SourceMedia is an Observer Capital company. Use, duplication, or sale of this service, or data contained herein, is strictly prohibited.