Remove 2022 10 building-materials-prices-decline-in-september
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DataDigest: What happens when insurance carriers abandon America’s biggest housing markets

Housing Wire

Tight inventory and soaring home prices have pushed more homebuyers to more affordable areas in California. Data from CoreLogic shows that the number of homes built in the Very High Fire Hazard Severity Zone (FHSZ) in California has declined to 3.5% That comes with its own risks – in many cases, wildfires. The result?

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Redfin’s Report Reveals Largest Annual Home Price Decline in Over a Decade—But Does the Data Tell the Whole Story?

Broke Agent Media

annual drop in the median home sale price for April, falling from $425,634 to $408,031. Texas markets are holding up relatively well, while pricey California metros and pandemic hotspots like Boise and Salt Lake City are seeing the biggest annual declines. Another is that home prices one year ago were close to their all-time high.

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Will We See An Interest Rate Hike In July?

Toronto Realty Blog

Raise your hand if you remember buying an investment property, at any price, with only 5% down? An eighth rate hike came after the page turned to 2023, but all told, we saw the policy interest rate go from 0.25% in March of 2022 to 4.50% in January of 2023. Raise your hand if you remember the days of 107% financing?

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Affordability slows home sales, hints at future home price declines

Housing Wire

But home prices are staying pretty stable even though we can measure a slowdown in the number of homes getting offers. Last year, the change in mortgage rates was rapid enough to drive home sales prices down. It’s notable that home sales prices are not yet declining rapidly like they did last fall. in a few weeks.

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Increasing Development Charges Will Drive Condo Prices Higher!

Toronto Realty Blog

On September 16th, 2004, the NHL players were officially “locked out” after two full years of collective bargaining that went absolutely nowhere. TorontoRealtyBlog. May I please use a sports analogy here? I am an excellent “armchair quarterback,” as the analogy goes, only with respect to hockey. How about that, eh?

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Despite queue of buyers, homebuilder sentiment drops again

Housing Wire

For the first time since September 2021, homebuilder confidence in the market for newly built single-family homes has dropped below the 80-point mark, according to the National Association of Home Builders (NAHB) and Wells Fargo Housing Market Index (HMI), which was released on Wednesday.

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Fed’s Beige Book predicts further uncertainty for the housing market  

Housing Wire

Higher interest rates further dented home sales, which declined at a moderate pace overall but fell steeply in some Districts,” the report states, noting that “residential construction slid further at a modest pace” and “home prices grew less rapidly or declined outright amid weak demand.”. million in 2023 from 5.67

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