How much more affordable is Baltimore’s housing market than DC’s?

Like the DC region’s housing market, Baltimore’s housing market remains strong. But data shows Charm City is significantly more affordable. Like the DC region’s housing market, the housing market in Baltimore, Maryland, remains strong. The median price of what was sold in the Baltimore metro in March was up 10.4% from a year ago, and what was sold went under contract in an average of eight days. Unlike the DC housing market, Baltimore is significantly more affordable. “The median price of a condo in the District is about $465,000. But a condo in Baltimore will run you about $210,000,” said…

More home listings at lowest prices indicate ‘healthier’ Austin market

More homes hit the market in the Austin area in March, inspiring confidence among home sellers while simultaneously boosting options for first-time homebuyers, according to the latest real estate report by Unlock MLS and the Austin Board of Realtors (ABoR). There were more than 4,700 new home listings placed on the market in the Austin-Round Rock-Georgetown metropolitan statistical area (MSA) in March, which was a 10.2 percent increase year-over-year from March 2023. Housing inventory in the Austin area has now climbed for two straight months, after a previous real estate report showed more than 3,900 new home listings were added…

This week’s Australian Property Market Update

Key takeaways April is a holiday month with Easter, school holidays and Anzac Day interrupting our housing markets. However, last weekend’s auction results confirmed the strength and the depth of our property markets – the preliminary capital city clearance rate came in at 74.4% last weekend, up 1.7 percentage points relative to the previous week (72.7%) Australia’s housing is so horribly undersupplied that I’ve rarely encountered a supply-demand inflection point like this. Sydney property prices increased 0.1% over the last week,  increased 0.4% over the last month and are 8.9% higher than they were 12 months ago. Melbourne property prices…