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Pending home sales slip in November amid hot housing market

The hot housing market may finally be cooling off a bit. Pending home sales, a leading indicator of the housing market’s health, missed expectations and fell in November. The National Association of Realtors’ (NAR) Pending Home Sales Index, which tracks the number of homes that are under contract to be sold, dropped 2.2% in November from October. Analysts expected a 0.8% increase in sales, according to Bloomberg consensus estimates. Pending sales slid 2.7% from the same month a year… Source link

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Home price growth in the US slows for third straight month

Home price growth in the U.S. has slowed for the third straight month. Standard & Poor’s said Tuesday that its S&P CoreLogic Case-Shiller national home price index posted a 19.1% annual gain in October, down from 19.7% from September. The 20-City Composite posted a 18.4% annual gain, down from 19.1% a month earlier. The 20-City results came in very close to analysts’ expectations of a 18.5% annual gain, according to Bloomberg consensus estimates. “In October 2021, U.S. home prices moved… Source link

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76ers Tyrese Maxey in COVID protocols after home fire

Tyrese Maxey’s Christmas weekend just got worse. One day after his home caught fire, the Philadelphia 76ers guard landed in the NBA’s health and safety protocols, according to the Philadelphia Inquirer’s Keith Pompey. Maxey is now questionable for the 76ers’ game on Sunday against the Washington Wizards. Maxey’s New Jersey home caught on fire around 7 p.m. on Friday, according to the Inquirer, and it suffered significant damage. Maxey and his family are all safe. Officials said the… Source link

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SpaceX offered $150,000 for a waterfront home next to its launch facilities, but its owner says that’s one-third of the price of similar properties: report

SpaceX CEO Elon Musk.Patrick Pleul/picture alliance via Getty Images SpaceX offered $150,000 for a home next to its launch facilities in Boca Chica, Texas, per NBC News. The offer was one-third of the price of similar waterfront houses in the village, the owner said. She told NBC that an agent representing SpaceX said her property could be seized by the state. A resident of a South Texas village told NBC News that SpaceX wanted to buy her house for $150,000 but that the company’s offer was… Source link

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Home price growth in the US slows down in September

Home price growth in the U.S. is starting to decelerate. Standard & Poor’s said Tuesday that its S&P CoreLogic Case-Shiller national home price index posted a 19.5% annual gain in September, down from 19.8% from August. The 20-City Composite posted a 19.1% annual gain, down from 19.6% a month earlier. The 20-City results came in lower than analysts’ expectations of a 19.3% annual gain, according to Bloomberg consensus estimates. “If I had to choose only one word to describe September… Source link

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