Financial Real Estate News & Statistics

Enjoy insider insights with this quick snapshot of key housing market data based on our proprietary research and analysis. Plus, get quick tips on what it all means to lenders. Come back for monthly updates!

April 2018 Housing Market News

The number of new and active home listings jumped significantly last month, according to CCG’s proprietary real estate research. That’s good news heading into what’s traditionally the busiest season for homebuyers and sellers. While home prices continue to climb, they’re not rising as fast as in previous months, more good news for buyers looking to make a move now.

Note: All statistics are based on the U.S. real estate market.

Average Asking Price

1
MAR 2018 $391,453 | FEB 2018 $385,547

Median Asking Price

2
MAR 2018 $264,999 | FEB 2018 $258,290

Number of New Listings

34
MAR 2018 498,528 | FEB 2018 370,386

Total Active Listings

15
MAR 2018 1,066,903 | FEB 2018 920,907

Quick tip: “As we head into the prime homebuying and selling season, it’s an ideal opportunity for lenders to educate homebuyers (especially first-timers) about mortgages as well as the entire homebuying process,” explains Greg Sultan, CCG senior vice president, financial strategist. “Providing value-added content can help you attract and retain loan prospects by positioning your institution as a trusted source of valuable information.”

March 2018 Housing Market News

Home prices increased at the beginning of 2018, while total inventory of homes for sale dropped significantly, according to CCG’s proprietary real estate research. That puts a squeeze on potential buyers and keeps us in a hot seller’s market. But new listings jumped — a positive sign that provides hope the housing market could find more balance this year.

Note: All statistics are based on the U.S. real estate market.

Average Asking Price

12
JAN 2018 $387,674 | DEC 2017 $343,626

Median Asking Price

4
JAN 2018 $250,000 | DEC 2017 $239,900

Number of New Listings

13
JAN 2018 301,454 | DEC 2017 265,391

Total Active Listings

19
JAN 2018 927,244 | DEC 2017 1.16 million

Quick tip: “As home prices increase and it becomes harder for people to enter the market, it’s more important than ever to refine your sales efforts,” says Greg Sultan, CCG senior vice president, financial strategist. “With our Premover Data, CCG can provide actionable data lists that help financial institutions target their purchase mortgage campaigns to reach the most promising candidates.”

Schedule a personal, complimentary discussion to see how CCG’s financial marketing experts can help you leverage data, strategy and creative to create more powerful, effective financial marketing initiatives.

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