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Va. home sales saw sharp drop in October
Largest yearly sales decrease in more than 10 years
Virginia home sales in October decreased by 30.2% from the same time last year, the largest year-over-year sales decrease in more than a decade, according to a Virginia Realtors report
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Hampton Roads’ July active house listings down
Listings down 10.65% from July 2021
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Hampton Roads’ active residential listings in July continued to lag behind monthly totals for the past four years, according to Real Estate Information Network Inc. data published in August. Active
Va. housing market sees sharp drop in sales
Lowest numbers since May 2020
Published
The housing market is cooling off, compared to a year ago. Home sales in Virginia dropped by nearly 19% in June, compared to sales in June 2021, the sharpest drop
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Va. median home sales price breaches $400k for first time
Median sales price in May was $401,082
Published
The statewide median sales price for a home in May rose above $400,000 for the first time, according to the Virginia Realtors’ May 2022 Virginia Home Sales Report. The median
Economic growth to continue slowing, ODU experts say
Mid-year forecast predicts increased risk of recession
Published
The U.S. economy will continue to slow in the second half of 2022 and a recession is increasingly likely, according to the Old Dominion University’s Dragas Center for Economy Analysis
March NoVa home sales down 4.9% from 2021
Low inventory, higher rates caused drop
Published
Northern Virginia saw fewer home sales last month compared with March 2021 due to low inventory and higher rates, according to a Northern Virginia Association of Realtors report published Friday.
Va. economic growth will slow in 2022, ODU economists predict
Dragas Center's 2022 Annual Economic Forecast predicts slower GDP, job growth
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Virginia’s economy is likely to grow at a slightly slower pace in 2022 than it did last year, with the COVID-19 pandemic continuing to make future predictions murky, according to
Va. housing market broke records in 2021
More than 150k homes sold last year
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Last year Virginia’s housing market was one for the record books, according to a new report released Jan. 21 by Virginia Realtors. In 2021, there were 154,340 home sales statewide,
Homes inventory declined sharply last month in Va.
Nov. had 3.7% more residential sales than Nov. 2020, but 25% less inventory
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Virginia’s inventory of homes continues to decline, but buyer demand remains high, according to a report released Tuesday by Virginia Realtors. At the end of November, there were 16,242 active
Do Virginians have more confidence in the housing market in 2020?
Roanoke College survey finds increase in consumer positivity
Published
Are you thinking about making a move this year? Whether buying a first home, upgrading or downsizing, Virginians are entering 2020 with a positive outlook on the real estate market.