RISMedia's Real Estate Magazine

JUN 2019

Real Estate magazine is the industry's leading source for real estate news and information since 1980. Published monthly by RISMedia, Real Estate magazine offers timely and relevant real estate news to the industry's top brokers and agents.

Issue link: http://remag.rismedia.com/i/1119997

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16 June 2019 RISMedia's REAL ESTATE Real Estate by the Numbers 692,000 The number of new-home sales in March, up 4.5 percent from February 2019, and up 3 percent from March 2018. Source: Commerce Department 2.9% The percentage rents had risen year- over-year as of February 2019. Source: CoreLogic's Feb. 2019 Single-Family Rent Index (SFRI) $20,851 The average amount a home seller spends to sell their property. The amount includes closing costs—including agent commissions and sales taxes—and improvements to get a home ready for market. Source: Zillow and Thumbtack's 2019 Hidden Costs of Selling 63 The builder confidence level for April. In March, the Index reading was 62. At 51 or higher, the general outlook is considered positive. Source: National Association of Home Builders/ Wells Fargo Housing Market Index $91 billion The total cost of climate-related natural disasters in 2018. Source: Hippo Insurance

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