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CoreLogic’s HPI Says Home Prices Up 2.6% in April

CoreLogic’s HPI Says Home Prices Up 2.6% in April According to the latest CoreLogic Home Price Insights (HPI) report, home prices nationwide, including distressed sales, increased 20.9% year-over-year in April.  On a month-over-month basis, home prices increased by 2.6% in April compared with March.  CoreLogic’s  HPI Forecast predicts home prices will increase on a year-over-year

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Changes in Consumer Spending in April

Changes in Consumer Spending in April A recent report from the U.S. Bureau of Economic Analysis says that, in April, personal income increased $ 89.3 billion, or 0.4% at a monthly rate, while consumer spending increased $ 152.3 billion, or 0.9%. Interestingly, the personal saving rate dropped slightly to 4.4% in April compared with 5%

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U.S. Construction Spending Down Slightly in April

U.S. Construction Spending Down Slightly in April The U.S. government is reporting that total construction spending in April, 2022 was at a seasonally adjusted annual rate of $ 1,744.8 billion, which is 0.2% lower than March’s revised estimate and 12.3% higher than one year ago.  Residential construction came in at a seasonally adjusted annual rate

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Pending Home Sales Down 3.9% in April

Pending Home Sales Down 3.9% in April The National Association of Realtors is reporting that pending home sales were down 3.9% in April, 2022.  The NAR’s Pending Home Sales Index (a forward-looking indicator based on contract signings) dropped to 99.3, down 3.9% month-pver-month.  Pending sales have now dropped for eleven consecutive months. “Pending contracts are

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Mass. home prices set records in April

Mass. home prices set records in April The median price of a Bay State condo surpassed half a million dollars for the first time last month. Continue reading at realestate.boston.com. The post Mass. home prices set records in April appeared first on Boston.com Real Estate.

April with Propy

April with Propy The month is over, but before we get too far into May, here are a few highlights to share. Second US NFT Sale This NFT was a perfect investment property, located in the heart of Hyde Park in Tampa! This condo sale was thrilling for us because it was made on the

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