Day: June 20, 2020

Home Prices Flat, Other Indicators Suggest the Market is Rebounding from Coronavirus Shutdowns

Pending sales were up 33% and new listings increased 36% from April to May. Home prices nearly flattened, up just 0.5% from last year

The housing market showed some early signs of recovery in May as the addition of homes for sale and contracts to buy homes both increased dramatically from April levels, but the market remains overall very competitive thanks to a continuing shortage of homes for sale. U.S. home-sale prices increased just 0.5% year over year in May to a median of $299,400 across the 217 metros Redfin tracks. This was the smallest annual increase since home prices

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Lawrence Mooney: comedian sells Elsternwick home at auction

Lawrence Mooney has sold his Elsternwick house after moving to Sydney to host a Triple M radio show. Picture: Richard Dobson


Comedian Lawrence Mooney — aka the Moonman — has landed a $2.48 million sale for his Elsternwick house.

The funnyman made a loss on the 16 Elster St property, with CoreLogic records showing he paid $2.5 million for it two years ago.

But Marshall White Port Phillip director Damian O’Sullivan said Mooney and his wife, Lou, were “delighted” with the sale, which was $20,000 above their reserve.

RELATED: Lawrence Mooney lists Elsternwick ‘dream home’

The Block expert lists Elwood

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