Some recent positive signs for home buyers and sellers:

  • New-home sales rose 4.3 percent in November, according to the U.S. Census Bureau and the Department of Housing and Urban Development.
  • Housing starts increased 10.5 percent in November, according to the U.S. Census Bureau.
  • Home sales are poised to increase to the highest levels since 2006 this year, according to a 2016 housing forecast issued by Realtor.com.
  • The Conference Board Consumer Confidence Index®, which had decreased moderately in November, improved 3.9 points in December.
  • Buying a home is still more affordable than renting in 58 percent of the nation’s real estate markets, according to a new RealtyTrac report.
Found this useful?

Share with your friends, co-workers and family members here.

Jennifer Blanchard

Jennifer Blanchard is a Top Producing real estate agent in Basking Ridge with over 20 years of experience. She would love the opportunity to discuss any real estate questions you have.

Book a call

Understanding The Market

Basking Ridge Market Report

Get a snapshot of the Basking Ridge real estate market every month. As I always say, no obligation, just information.

Skip to content