The Rise of Housing Inventory and Market Prices

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While continually rising prices may not be good news for prospective buyers in the metro area, a boost in the housing inventory should be a welcome sign as more homes enter the market.

Will Home Prices Rise? S&P CoreLogic predicts home prices will rise 5% in the next 7 months. And average monthly mortgage payments could rise from $912 last fall to $994 this September 2019. In fact, Zillow reports the average price of US resale homes in October at $222,000.

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Inventory stays tight.. Sharga believes that rising mortgage rates will cause home prices to rise more slowly in 2017 than they did in 2015 and 2016.. Found your dream home? Search Bankrate.

If you’re thinking about buying a home in Spokane, Washington in 2019 or 2020, you should know that home prices are still on the rise. And recent data suggests that the Spokane market is a very hot one compared to surrounding areas in the state. Click here to find out more about the real estate market in Spokane.

If you’re wondering what Trex (NYSE:TREX) could have said in its second-quarter report to justify a 16% share price pop on.

Inventory in the District was down. Sales continued to slow in the District and prices continued to rise as the housing.

Inventory increased and metro market prices rose in the first quarter of 2019, but at a slower pace than the previous quarter, according to new research. From the first quarter of 2018 to the first quarter of 2019, home prices rose 3.9 percent, according to a National Association of REALTORS (NAR) report. On an annual basis, there were higher home prices in 86 percent or 153 of the 178 metropolitan areas in the report.

Chicago home values have gone up 0.7% over the past year and Zillow’s Chicago real estate market prediction is that the prices will rise 1.6% within the next year. The median list price per square foot in Chicago is $252, which is higher than the Chicago-Naperville-Elgin Metro average of $168.

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For sale housing, inventory has dropped to record low levels in the United States. In the Des Moines metro, only 1,200 houses on the market have a price tag under $250,000 — a 40 percent drop.

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