Why are London-area home prices rising while sales slow?

Why are London-area home prices rising while sales slow?

A big decline in home sales, coupled with an equally large increase in inventory, may sound like the perfect formula for home prices to drop.

NAR: Home prices are up in 83% of metros

Home prices rose in more than 80% of U.S. metro areas in the first quarter of 2025 — even as affordability remained stretched and fewer markets posted double-digit gains. According to the National Association of Realtors (NAR), 189 of 228 metro areas (83%) saw year-over-year increases in the median price for existing single-family homes. That’s a slight decline from 89% in the fourth quarter of 2024. The national median price rose 3.4% from a ye…

Report: Metro Detroit Home Sales Fall 12.7% in April, Prices Reach Record High of $330K - DBusiness Magazine

Metro Detroit home sales fell 12.7 percent in April and median sales prices reached a new record high of $330,000. // Stock photo Metro Detroit home sales fell 12.7 percent in April, as economic uncertainty and tariffs weighed on buyers, according to the latest housing report from RE/MAX of Southeastern Michigan. Sales were down 19 percent in the city of Detroit to 398, 16.9 percent in Livingston County to 142, 15.6 percent in Wayne County to 1,…