Inventory

Pending home sales jumped sharply in the US in February

Pending home sales in the United States rebounded sharply in February to their highest level in nearly a year and second highest level in over a decade, the latest index shows. The pending home sales index from the National Association of Realtors (NAR) shows that all major regions saw a notable hike in contract activity […] The post Pending home sales jumped sharply in the US in February appeared first on PropertyWire . Continue reading

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Property prices and sales set to rise in Canada this year, but with regional differences

Property sales in Canada are forecast to fall by 3% this year while the national average price is forecast to rise by 4.8% to $513,500 in 2017 but there will be significant regional variations. According to the latest forecast from the Canadian Real Estate Association (CREA) British Columbia is forecast to see the largest decline […] The post Property prices and sales set to rise in Canada this year, but with regional differences appeared first on PropertyWire . Continue reading

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Weakening affordability and lack of supply sees home sales fall in the US

After starting the year at the fastest pace in almost a decade, existing home sales in the United States fell in February but remained above year ago levels both nationally and in all major regions. Total existing home sales fell by 3.7% to a seasonally adjusted annual rate of 5.48 million in February from 5.69 […] The post Weakening affordability and lack of supply sees home sales fall in the US appeared first on PropertyWire . Continue reading

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