Sales
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 […]
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
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
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 […]
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
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
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
Vacation Home Sales Surges During Pandemic
In 2020, vacation home sales rose by 16.4%, outpacing the 5.6% growth in total existing-home sales. www.nar.realtor – Research