Declines
November 2023 Existing-Home Sales Rise After Five Months of Declines
NAR released a summary of existing-home sales data showing that housing market activity increased by 0.8% from October 2023. www.nar.realtor – Research
Existing-Home Sales Surged 14.5% in February, Ending 12-Month Streak of Declines
Existing-Home Sales Surged 14.5% in February February 2023 saw the largest monthly existing-home sales rise since July 2020. All regions had month-over-month gains and year-over-year declines. Media Contact: Troy Green 202-383-1042
Housing Affordability Declines in October 2020 Amid Surging Home Prices
Affordability declined in October compared to September as the median family income rose by 3.3% while the median home prices grew by 16.0%. www.nar.realtor – Research
Housing Affordability Declines in September 2020 as Median Family Prices Continue to Surge
At the national level, housing affordability declined in September 2020 compared to a year ago but rose compared to August. www.nar.realtor – Research
First-time Buyer Share Declines to 31% in September 2020 But Still Hits 2 Million
Amid more intense buyer competition, rising prices, and higher credit qualifications, the share of first-time buyers continued to decline to 31% in September. www.nar.realtor – Research