Survey shows buyers gaining leverage as real estate market slows
Most agents remain optimistic about their local market outlook over the next 12 months, although overall sentiment has declined since April.
Homebuying
Auto Added by WPeMatico
Zillow: Luxury housing market slowed in April
Despite a market slowdown, prices have continued to rise as luxury home values increased 2.7% year over year.
Home-price growth at decade low, Florida markets lead declines
Notably, Florida — once a hotbed of rapid appreciation — led the nation in price declines. The state posted a -0.8% year-over-year drop
Home sales disappoint at the end of April
Weekly single-family home sales came in 8% below the same time last year, and condo sales came in 19% fewer.
Active listings climb as the end of 2024 nears
Months of supply edged up 0.6% year over year to 4 months, indicating a balanced market and cooling competition.