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Updated about 2 years ago on . Most recent reply

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Jack Seiden
#3 Buying & Selling Real Estate Contributor
  • Real Estate Agent
  • Washington DC
645
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835
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Market Trends & Data

June fred housing data

Jack Seiden
#3 Buying & Selling Real Estate Contributor
  • Real Estate Agent
  • Washington DC
Posted

June housing data is out which shows a shocking 9.5 month over month decrease in new home prices and also something I find very interesting, New home prices are now below that of existing home prices (416 vs 402) which could be a statistical quirk of the data or possibly a sign of what is to come with existing home prices once sellers get more realistic since builders are always more time sensitive than home sellers. Anyway regardless I thought that was interesting.

https://fred.stlouisfed.org/gr...

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