Home Sales Climb to Highest Level Since Summer. Why the Worst of the Downturn Could Be Over. The worst of the downturn could be over, the trade group’s chief economist said.Existing-home sales in October rose by 3.4% from the month before to a seasonally adjusted annual rate of 3.96 million. 11/21/2024 - 4:08 am | View Link
New-home construction falls to three-month low as high rates and hurricanes impact builders Construction of new U.S. homes fell 3.1% in October as builders pulled back on new projects. Housing starts fell to a 1.31 million annual pace from 1.35 million the previous month, the government said ... 11/19/2024 - 1:00 am | View Link
Albuquerque is one of the top 30 most affordable cities according to data analysis by The Business Journals.
The analysis examined regional affordability data from the U. S. Bureau of Economic Analysis (BEA) for the 100 largest metro areas in 2019.
Albuquerque ranked at 27 overall out of the 100 cities examined.
The BEA's regional price parity index totals show how costs compare in a metro compared to the national baseline of 100.