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Middleburg Communities Launches SFR Developments multihousingnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from multihousingnews.com Daily Mail and Mail on Sunday newspapers.
Economy, finance, and budgets Politics and law Home prices in America are rising at the fastest pace in 15 years, as a massive shortage in inventory collides with soaring demand. The result: bidding wars and housing that’s increasingly out of reach for millions of Americans. The red-hot market shows no signs of slowing down. Without more housing supply to meet demand, prices are likely to keep rising for years to come, deepening wealth and generational divides. Nearly 90 percent of U.S. metros saw their home prices jump by double digits this past year. And no wonder: the number of homes for sale in America stands at a near-record low 1.07 million, even as demand swells. Homes that once sold in two months now go in two weeks; in fact, half of all homes in America sell within a week of listing. The median sale price for a home in America crested $300,000 last summer and has continued rising. This March, fewer than 500 housing units nationwide sold for less than $150,00 ....
Should Investors Move Into Lennar Before Earnings? Here s our latest look at the homebuilder. Stocks quotes in this article: LEN Homebuilder Lennar Corp. (LEN) is set to report its latest quarterly numbers on Tuesday, March 16. We hear that the housing market is hot but has that translated over to the stocks of the builders? Let s schedule a virtual home tour of LEN. In the daily bar chart of LEN, below, we can see that the shares have tripled from their March 2020 pandemic low. Despite these price gains the road higher has not been clear. Prices are currently above the rising 50-day moving average line but there have been numerous swings above and below the line over the past five months. The slope of the 200-day moving average line is positive. ....
Market movers: Stocks seeing action on Thursday - and why theglobeandmail.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from theglobeandmail.com Daily Mail and Mail on Sunday newspapers.