U.S. sales of new homes rose 1.5% during August compared with July to an annual rate of 740,000, according to the U.S. Census Bureau. The median sales price of new houses sold in August was $390,900, matching July’s figure, which was a record high. The supply of new homes for sale increased between July and…
Posts published by “mbeirne”
The average median home list price in the 20 hottest markets, spread out across 17 states, was just $299,000 in August, according to Realtor.com compared with the national median price tag of $380,000. The common thread in Realtor.com’s list of the hottest real estate markets is these small and mid-sized cities offer larger homes, better…