Tag Archives: Trulia

Trulia reported a 0.3 percent decline in asking prices from June to July--the first drop since November 2012. While monthly changes can be volatile, Trulia explained the quarter-over-quarter change in asking prices confirms the slowdown, with July asking prices improving just 3.3 percent over the last quarter compared to the peak of 4.2 percent in April. Over the last year, asking prices were still strong, rising 11 percent, though Trulia noted the change won't be as apparent since the annual average is based on a longer time period.

Prospective buyers have had to step up their game as the market continues to grow more competitive.

Following a report from Truliathat foreign interest in U.S. housing is on the decline, Capital Economics reported foreign investment is peripheral to the housing market recovery.

The newest Price Monitor report from Trulia shows asking prices are heating up along with the weather. The company reported a 10.7 percent year-over-year increase and a 1.5 percent month-over-month improvement. Trulia also tracked the 100 largest metro areas and revealed 99 markets experienced an increase in asking prices over the last year. According to Trulia's chief economist Jed Kolko, the increase in home prices and mortgage rates has added a significant cost to homeownership.

Nationally, asking prices increased 9.5 percent year-over-year in May, but in the ten least affordable metros, asking prices spiked 16.3 percent during the same time period.

Trulia tossed its two cents into the bubble debate with the release of Trulia Bubble Watch, a report that compares various price indexes to per-capita income and rent data.

In a recent report, Jed Kolko, Trulia's chief economist, provided two reasons to explain the link between employment growth and housing.

In today's seller's market, Trulia says buyers in today's market are especially vulnerable to making decisions they may regret in the future.

Data from Trulia shows that once all costs are factored, buying a home is 44 percent cheaper than renting at this point.

Trulia announced the beta launch of Trulia Suggests, a new, personalized, and visually engaging way for home buyers to discover homes.