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Highlights From the Profile of Home Buyers and Sellers

posted: 11/11/2021

The National Association of REALTORS® released its 2021 Profile of Home Buyers and Sellers this morning, garnering coverage in a wide range of national media outlets, including The Wall Street Journal, Realtor.com®, and MarketWatch. This annual survey conducted by the NATIONAL ASSOCIATION OF REALTORS® of recent home buyers covers demographics, preferences, and experiences of buyers and sellers across the United States. 2021 marks the 40th anniversary of the profile. This year’s profile, based on a survey of those who bought a home between July 2020 and June 2021, reflects the effects of the COVID-19 pandemic on transactions.

Read more here: https://rb.gy/rbxhbe

Home Prices Spiked by Double-Digits in 78% of Metro Areas in Third Quarter of 2021

posted: 11/10/2021

Strong homebuyer demand and limited housing supply led to median sales prices rising for existing single-family homes in all but one of 183 measured markets in the third quarter of 2021.

This is according to the latest quarterly report from the National Association of Realtors®, which found that 78% of 183 markets experienced double-digit year-over-year price increases, fewer than in the prior quarter (94%). Three metro areas saw price gains of over 30% from one year ago, also fewer than the number in the previous quarter (12).

 

Read more here: https://rb.gy/bkswfu