Sales

Pending Home Sales Climb 7.5% in October 2021

The pending home sales pace in October 2021 increased 7.5% last month but fell 1.4% from a year ago. www.nar.realtor – Research

Continue Reading

More Analysis on Existing Home Sales

Today, in the Real Estate Newsletter: Existing-Home Sales Increased to 6.34 million in October Excerpt: Sales in October (6.34 million SAAR) were up 0.8% from last month, and were 5.8% below the October 2020 sales rate. Some of the increase in sales since the beginning of the pandemic was probably related to record low mortgage […]

Continue Reading
southwestern-home-with-cactus-and-blue-sky-flipped-GettyImages-184322729-1300w-867h

Pending Home Sales Dip 2.3% in September

Pending Home Sales Dip 2.3% in September Pending home sales dipped in September, retreating from a previous month of growth. Media Contact:  Quintin Simmons 202-383-1178

Continue Reading
row-of-colorful-houses-GettyImages-857082594-1300w-867h

Existing-Home Sales Recede 2.0% in August

Existing-Home Sales Recede 2.0% in August In August 2021, each of the four major U.S. regions experienced declines on both a month-over-month and a year-over-year perspective. Media Contact:  Quintin Simmons 202-383-1178

Continue Reading

“Seesawing” Pending Sales May Signal Market Turning Point; Rates Staying Near Lows

Pending home sales fell back slightly in June after a notable and unexpected 8.0 percent gain in May. The National Association of Realtors® (NAR) said its Pending Home Sales Index (PHSI) dipped 1.9 percent from May to a reading of 112.8. This was also 1.9 percent lower than the index in June 2020. The PHSI […]

Continue Reading

Existing Home Sales Rise Slightly for the First Time in Four Months

Existing home sales snapped a four-month losing streak in June. Sales of pre-owned single-family houses, townhouses, condominiums, and cooperative apartments, rose 1.4 percent on a seasonally adjusted annual basis to 5.86 million units, 22.9 percent higher than the 4.77 million rate in June 2020. Activity was higher month-over-month in three of the four major regions […]

Continue Reading
large-stone-and-shingle-house-with-big-front-yard-GettyImages-1256023751-1300w-867h

Existing-Home Sales Expand 1.4% in June

Existing-Home Sales Expand 1.4% in June Existing-home sales rose month-over-month in all major U.S. regions except the South, and all regions saw double-digit gains year-over-year. Media Contact:  Quintin Simmons 202-383-1178

Continue Reading

Q&A Corner with Lawrence Yun: Vacation Homes, Inflation, and Cash Sales

NAR Chief Economist Lawrence Yun shares his thoughts on what’s happening in vacation home sales, with rising inflation, and the high number of recent all-cash home sales in the latest data. www.nar.realtor – Vacation, Resort, and Second Homes

Continue Reading
modern-blue-gray-house-with-lights-on-GettyImages-640183848-1300w-867h_0

Pending Home Sales Bounce Back 8.0% in May

Pending Home Sales Bounce Back 8.0% in May All four regions of the U.S. registered both month-over-month increases and year-over-year gains for pending home sales contract transactions in May. Media Contact:  Quintin Simmons 202-383-1178

Continue Reading

May 2021 Existing-Home Sales Down for Fourth Straight Month as Home Prices Hit Historic High

Existing-home sales data show that housing market activity in May 2021 fell 0.9% from April 2021, but rose 44.6% year-over-year. www.nar.realtor – Research

Continue Reading