New home sales in Alabama decreased 1.8% year-over-year from 680 to 668 closed transactions. Following seasonal trends, sales decreased 26.6% from September. October sales were
October home sales in the state decreased 9.4% year-over-year from 4,863 to 4,405 closed transactions. Following seasonal trends, sales decreased 8.6% from September. Sales are
Sales: New home sales decreased 12.3% year-over-year from 961 to 843 closed transactions. Following seasonal trends, sales increased 18.7% from April. May sales were only
Following a year full of surprises, many organizations in the real estate industry expect a “return to normal” during 2021. In 2020, the historically busy
Driven by higher valuations for 9 of 13 categories, the Green Street Commercial Property Price Index* (CPPI) for all property types increased 1.8% month-over-month in November.
The housing sector has been quite resilient in an overall down economy, with low mortgage rates and a desire for more space leading to elevated
The COVID-19 pandemic, and resulting stay-at-home culture, have brought significant and broad impacts to residential markets in Alabama. Total residential sales are up from the
As measured by the Alabama Housing Affordability Index (AHAI), housing affordability in the state declined 3.7% quarter-over-quarter. Although median family incomes were on the rise in 7 of 12
