
NAR: Nov. U.S. Home Sales Down 35.4% Year-to-Year
Even with fewer sales, the median home price was up 3.5% year-to-year. Month-to-month, home sales were down 7.7% and there’s a 3.3-months’ supply of inventory.
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U.S. Consumer Confidence Bounces Back in Dec.
After two months of declines, the Confidence Index rose to 108.3 after last month’s 101.4. A preference for services and lower desire for big-ticket items continued.
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Save on Property Ins.? Maybe 13% in Fla. ‘Go Bare’
If disaster happens, homeowners need property insurance. Cost is a big challenge for many, but there are ways to lower costs without nixing it altogether.
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Nov. Housing: Higher Inventory, Prices, Lower Sales
Florida Realtors: Nov. closed single-family sales fell 38.2% in the face of rising interest rates, but for-sale inventory increased 105.2% to create a 2.8-months’ supply.
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