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 March, 2022 « Next month - The proposed new short-term rental law passed its final committee vote. Full city council vote is next. (3/25/22) - New condo high-rise, Alia, announced for Kaka'ako. (3/23/22) - Will the Navy water crisis affect Oahu new construction? (3/22/22) - How Zillow's homebuying scheme lost $881 million. (3/18/22) - Happy St. Patrick's Day! (3/17/22) - Is stagflation here in the housing market? (3/15/22) - U.S. home prices may continue to set records. (3/13/22) - The sales figures for February for the Oahu real estate market have been released by the Honolulu Board of Realtors®. Here is a single-page set of charts showing the last 12 months of data. It was a mixed-to-positive month. Sales volume was down, but this is often the slowest month, and inventory continued to be tight. Median prices were up from 12-months ago for both property types, but mixed from the previous month. The real standout data point is that the median home price set a new record. Inventory for both homes and condos nudged up a bit, and pending sales volume looks to continue the present activity level. (3/7/22) - To learn more about our 50% Hawaii Commission Buyer Rebate* and the savings it offers buyers on their real estate purchases, including Honolulu homes and Waikiki condos, properties from Honolulu to the North Shore, Kailua to Kapolei, and across all Oahu, please click here. |
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