• Skip to main content
  • Skip to secondary menu
  • Skip to primary sidebar
  • Skip to footer
  • Best Managed Accounts
  • Forex Robots
  • Forex Brokers
  • Forex Signals
  • Social Trading Platforms

Forex Traders Guide

The Ultimate Forex Knowledge Base

  • Robots
  • Start Guide
  • Glossary
  • Basics
    • Currency Pairs
    • Charts
    • Candlesticks
    • Trading Tips
  • Strategies
    • Technical Analysis
    • Fundamental Analysis
    • Day Trading
    • Scalping
    • Swing Trading
    • Trend Following
  • News
  • Reviews
    • Forex Robots
    • Forex Brokers
  • Mustreads
  • Crypto Trading

Sales Price of Single-Family Homes in the U.S Hits 3-Decade Growth Record of 16.2%

May 12, 2021 by Forex Winner Leave a Comment

Sales Price of Single-Family Homes in the U.S Hits 3-Decade Growth Record of 16.2%

The medium sales price of existing single-family homes in the U.S increased at an annual rate of 16.2% to $319,000, according to NAR press release. The growth is the highest recorded since 1989.

  • 89% of metro areas recorded double-digit increases in home prices as nearly all regions witnessed year over year price jumps in Q121.
  • Northeast saw a 22.1% growth in sales prices of existing homes, the West at 18.0%, South at 15.0%, while Midwest had an increase of 14.4%.
  • 11 U.S metro areas saw median sales prices of homes range from $100,000-$600,000.
  • The most expensive markets also recorded double-digit increases in home prices.
  • The rise in existing home sales price reflects strong demand amid record-low inventory of available homes.

Rising home prices pushed monthly mortgage payment to $1,067 from $995 a year ago.

Effective 30-year fixed mortgage rate fell to 2.93% in the first quarter from 3.57% a year ago.

SPDR Homebuilders ETF is currently declining. XHB is down 3.33%

Best Forex Robots ›

Compare leading trading systems on the market

Filed Under: Forex News

Reader Interactions

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Primary Sidebar

Best Forex Robots

  1. Techberry 8.7
  2. Happy Forex 8.0
  3. Forex Fury 7.7
  4. Promax Gold EA 6.8
  5. Gump EA 6.4

Best Forex Brokers

  1. Techberry 8.7
  2. XM 8.2
  3. eToro 8.1
  4. Pepperstone 8.1
  5. IG 8.0

Latest News

Tron DAO to Pull Out Additional 3 Billion TRX

Tron DAO to Pull Out Additional 3 Billion TRX

June 16, 2022

Jabil’s Q3 Earnings Per Share Beats Estimate by 10%, Upgrades Guidance

Jabil’s Q3 Earnings Per Share Beats Estimate by 10%, Upgrades Guidance

June 16, 2022

Federal Reserve Hints at Further Policy Tightening After 75-Basis Point Hike

Federal Reserve Hints at Further Policy Tightening After 75-Basis Point Hike

June 16, 2022

Footer

Forex Broker Reviews

avatrade

AvaTrade Review

February 24, 2020 By Forex Winner

fxglory

FxGlory Review

September 4, 2019 By Forex Winner

Darwinex

Darwinex Review

May 14, 2020 By Forex Winner

Forex Robot Reviews

Profit Lab EA Review

Profit Lab EA Review

June 28, 2022 By Forex Winner

GoodMorning EA

GoodMorning EA Review

June 23, 2022 By Forex Winner

FxHT Daily Trend EA Review

FxHT Daily Trend EA Review

June 22, 2022 By Forex Winner

EMAIL NEWSLETTER

Sign up to receive exclusive forex trading guides and insights from our team of experts!

Copyright © 2022 · Forex Traders Guide · About Us · Contact Us
Privacy Policy · Risk Disclosure