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home sales

Statewide home sales, inventories rose in November
Sep 25, 2025

Virginia housing sales remained flat in August but prices rose

Virginia Realtors reports that the state's housing market sales remain essentially unchanged from last year’s August numbers.

Statewide home sales, inventories rose in November
Sep 15, 2025

Aug. housing inventory, prices rise across Virginia regions

Housing inventory and sold prices rose last month in Northern Virginia, Hampton Roads and Central Virginia, but home sales declined in Hampton Roads.

Average rate on a 30-year mortgage drops to lowest level since April
Sep 4, 2025

US 30-year mortgage rate dips to 6.5% amid housing slump

The average 30-year mortgage rate fell to 6.5%, down from 6.56% last week. Lower rates may boost buyer power but housing sales remain weak.

Mortgage rates climb again, hitting 6.75%
Aug 13, 2025

Days houses spend on market increases across Virginia

Houses are spending longer on the market than during the same period last year in Northern Virginia, Hampton Roads and Central Virginia. However, median sales prices in all three regions have increased over 2024. Northern Virginia The Northern Virginia Association of Realtors reports that 1,612 units were sold in July — a 1.6% decrease over […]

Investors snap up 27% of U.S. homes as buyers retreat
Jul 23, 2025

US home sales fall in June as prices soar to new heights

LOS ANGELES (AP) — Sales of previously occupied U.S. homes slid in June to the slowest pace since last September as mortgage rates remained elevated and national median sales prices hit unprecedented levels. Existing home sales fell 2.7% last month from May to a seasonally adjusted annual rate of 3.93 million units, the National Association of Realtors […]

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Jul 18, 2025

Home sales increase across Virginia

Housing sales increased year-over-year in north Northern Virginia, Central Virginia and Hampton Roads, signaling a healthy market.

Investors snap up 27% of U.S. homes as buyers retreat
Jul 8, 2025

Investors snap up 27% of U.S. homes as buyers retreat

LOS ANGELES (AP) — Real estate investors are snapping up a bigger share of U.S. homes on the market as rising prices and stubbornly high borrowing costs freeze out many other would-be homebuyers. Nearly 27% of all homes sold in the first three months of the year were bought by investors — the highest share […]

May home sales barely move as high mortgage rates, prices, weigh on housing market
Jun 23, 2025

May home sales barely move as high mortgage rates, prices, weigh on housing market

NEW YORK (AP) — Sales of previously occupied U.S. homes edged higher in May, as stubbornly high mortgage rates and rising prices made homebuying less affordable even as the inventory of properties on the market continued to increase. Existing home sales rose 0.8% last month from April to a seasonally adjusted annual rate of 4.03 million units, the National […]

30-year mortgage rates climb to 6.89%, highest since Feb
Jun 2, 2025

30-year mortgage rates climb to 6.89%, highest since Feb

U.S. 30-year mortgage rates rise to 6.89%, their highest level since February, pushing borrowing costs up and slowing home sales.

Statewide home sales, inventories rose in November
May 13, 2025

Northern Virginia sees surge in housing inventory

The Northern Virginia housing market saw a significant increase in active listings in April, the Northern Virginia Association of Realtors reports.

Home ownership further out of reach as rising prices, high mortgage rates widen affordability gap
May 2, 2025

Home ownership further out of reach as rising prices, high mortgage rates widen affordability gap

U.S. homebuyers now need $114K+ income to afford a median-priced home. High mortgage rates and rising prices keep ownership out of reach for many.

FILE - A housing development in Cranberry Township, Pa., is shown on March 29, 2024. (AP Photo/Gene J. Puskar, File)
Apr 24, 2025

March home sales slowed in a lethargic opening to the spring buying season

Sales of previously occupied U.S. homes slowed in March, a sluggish start to the spring homebuying season as elevated mortgage rates and rising prices discouraged many prospective home shoppers.

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