Only 4% of all mortgages were delinquent in January
Nationwide, 8,700 neighborhoods saw sale prices jump by more than 20%
Low mortgage rates and a rush of activity this spring could continue to elevate home prices for the remainder of 2019
The drop in sales highlights trends that are happening all over the country
Home prices rose only 4.3%, according to Case-Shiller
Rent grew by 3.2% year-over-year to an average or $1,420
NYC, Boston and San Francisco all crack the top 10
The modest downtick pushes NAR's Housing Affordability Index to 155.8 points, compared to 155.3 in all of 2018
But the average homeowner still gained $9,700 in equity
Sales of new single-family residences in December 2018 were up 3.7% month-over-month but down 2.4% from the year before
Prices grew 4.4% year-over-year and .1% month-over-month
63% of homeowners between the ages of 23 and 28 regret their purchase, according to Bankrate
The number of homes sold plummeted 19.8% in January
Residential housing starts fell by 11.2%, Census Bureau says
Home prices rose only 4.7%, according to Case-Shiller
Nationally, rent spiked 3.1% and 6.9% in Phoenix
