Category: house sale trends

Australian Homeowners Profit From Sales Amid COVID-19 Lockdowns

A new report by CoreLogic revealed the September quarter saw the highest level of profitability for property sales in more than a decade. The rate of profit-making resales across Australia rose 92.4 percent during the three months and was the fifth consecutive quarter where the rate of profit-making sales increased. The national median gain was…


Record-High US House Prices, Tight Supply Weigh on Sales

WASHINGTON—U.S. home sales fell for a fourth straight month in May as record-high prices amid low inventory frustrated potential buyers, a trend that could persist for a while, with builders unable to deliver more houses because of expensive lumber. The decline in sales reported by the National Association of Realtors on Tuesday was concentrated in…


Orange County Detached Homes Now Fetching $1.1 Million

Commentary The median sales price for a detached home in Orange County has risen to $1.1 million, up 22 percent from the $900,000 median sales price in 2020. This rapid price increase is driven by strong demand and a low number of homes for sale. Across all of Southern California, the average home is expected…