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- The sales-to-list price ratio on non-distressed properties was 98.3 percent in July 2016, based on a three-month moving average.
- The average price of non-distressed properties sold in July was $300,900, up 3.7 percent compared with July 2015.
- Non-distressed properties sold during July received an average of 2.3 offers, and the average time on market for non-distressed properties sold during the month was 6.8 weeks.
- The RHPI decreased slightly in June 2016, falling 0.2 percent compared to May 2016 and -0.1 percent compared to June 2015.
- House prices have changed by a negative 38.5 percent since their pre-recession peak.
- Real house prices are 17.3 percent lower than they were in 2000.
Home equity rates:
Most recent market news:
- The 30-year fixed rate mortgage averaged 3.43 percent with an average 0.6 point.
- This is unchanged from last week’s rates.
- A year ago, the 30-year fixed-rate mortgage averaged 3.84 percent.
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