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  • Metro East REIA

New Home Sales Jump 12.2% in May

The U.S. Government is reporting that sales of new single-family houses in May, 2023 were at a seasonally adjusted annual rate of 763k, which is 12.2% higher than April’s revised rate and is 20% higher than one year ago. The median sales price of new houses sold in May was $416,300 with an average sales price of $487,300. Continue reading HERE...

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Existing-Home Sales Up 3.1% in January

The National Association of Realtors is reporting that existing home sales were up 3.1% in January to a seasonally-adjusted annual rate of 4 million (down 1.7% year over year). Total housing inventor


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