The sharpest expected weakening is in the detached single-family homes market which accounts for about 80 percent of closed sales.
Based on data from the Profile of Home Buyers and Sellers, multi-generation homes are becoming more common and the importance of living close to friends and family.
Can Arlington County, VA, and Long Island City, NY, accommodate the influx that will be created by Amazon's new headquarters?
In the last 12 months, most of LinkedIn members who lived in the 20 largest metropolitan areas moved from a more affordable place to a less affordable place.
Properties sold most quickly in South Dakota (20 days), Idaho (21), Washington (21 days), Rhode Island (21 days), Indianapolis (22 days), Kansas (23), Massachusetts (23), Ohio (23), Utah (23), Colorado (24), Nevada (24), Nebraska (24), Maine (24), and Michigan (24).
At the national level, housing affordability is up from last month but down from a year ago.
Prices continued to rise, with 93% of the markets showing home price appreciation.
The median expected price change in the next 12 months nationally is about two percent.
Only five percent of REALTORS® stated that real estate was their first career in the 2018 Member Profile.
Based on REALTORS® who reported about their transactions in September 2018, home buying activity slowed compared to the level of activity one year ago on a national level.