single family homes
- New Home Sales for January Well Below Initial Estimates
- The pronouncement was made by the US Commerce Department, in a statement made last Wednesday where the sales volume had fell to a seasonally adjusted volume of 494,000 homes. This translates to a 9.2 percent drop, which was nearly as much as the gains made for December 2015. For the said month of December, sales pace was pegged at 544,000 houses.
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- Median Condo Sale Prices in Chicago Up by 5.5 Percent
- Chicago’s median condo sale price rose 5.5 percent to $290,000 in 2015 compared to the previous year.
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- Why Some Families Choose to Live in Apartment Buildings Instead of Single-Family Homes
- Families have opted to live in apartment buildings given the perks associated with such residential properties, including zero maintenance costs and proximity to family-friendly amenities like playgrounds, among others.
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- New York Multifamily Market Hits Lowest Level last October
- Dollar volume of multifamily sales in New York slipped 53 percent in October, according to a report from Ariel Property Advisors. New York’s multifamily market hit a less than $1 billion sales mark in October, its lowest level since April.
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