Existing-Home Sales

Existing-Home Sales Down YoY, But Monthly Increases Show Low Inventory Not Holding Buyers Back

November 22nd, 2021
Existing-home sales, recording a seasonally adjusted annual rate of 6.34 million in October, bumped down 5.8% compared to last year, according to the latest data from the National Association of REALTORS® (NAR). While they’re lagging behind on a yearly basis,...

Year-End Outlook: Buzzing Home Sales Activity Poised for a Change in 2022

December 21st, 2021
Editor’s Note: RISMedia’s Year-End Outlook series provides an in-depth analysis of the housing market’s leading indicators for economic health, and showcases expert insights on what’s to come in 2022.  Home sales have shined over the past two years since the...

Existing-Home Sales Up for Third Straight Month, but Down 2% from Last Year

December 22nd, 2021
Existing-home sales, recording a seasonally adjusted annual rate of 6.46 million in November, bumped down 2.0% compared to last year, according to the latest data from the National Association of REALTORS® (NAR). But while inventory continues to drop and prices...

Existing-Home Sales Mark 15-Year Milestone, Despite Decline in December

January 20th, 2022
After seeing several months of gains, existing-home sales retracted in December by 7.1% to a seasonally adjusted annual rate of 6.18 million, with each of the four major U.S. regions seeing both a month-over-month and year-over-year decreases, according to the...

Existing-Home Sales Rebound in September

October 21st, 2021
After seeing waning numbers in August, existing-home sales bumped up last month by 7% to a seasonally adjusted annual rate of 6.29 million, with each of the four major U.S. regions seeing month-over-month increases, according to the latest data from...

Existing-Home Sales Slip, but Inventory Stirs

July 23rd, 2018
Barely budging against imbalanced inventory, existing-home sales slipped at the start of summer, the National Association of REALTORS® (NAR) reports. Activity in June declined 0.6 percent to 5.38 million, down 2.2 percent from the prior year; however, inventory increased 4.3...

Building Momentum for Mortgage Rates

August 4th, 2018
There is a building momentum in mortgage rates, with the average 30-year, fixed rate up for the second straight week, according to Freddie Mac’s Primary Mortgage Market Survey® (PMMS®). The average 30-year fixed increased to 4.6 percent, up from 4.54...

Existing-Home Sales Stuck

August 22nd, 2018
Another Month, Another Sales Slump For the fourth month straight, existing-home sales slid, the National Association of REALTORS® (NAR) reports. Activity declined 0.7 percent in July, to 5.34 million, down 1.5 percent from the prior year. Inventory rewound, as well,...

No Gain, No Loss: Existing-Home Sales Stabilize

September 20th, 2018
August existing-home sales stabilized, ending a regressive streak, the National Association of REALTORS® (NAR) reports. At 5.34 million, activity neither decreased nor increased from July, but was down 1.5 percent from the prior year. Inventory month-over-month also steadied, at 1.92...

Confidence in Housing at New Peak

May 8th, 2018
Confidence in housing is at a new peak, with enthusiasm among sellers soaring, according to the April Fannie Mae Home Purchase Sentiment Index® (HPSI). At 91.7, the Index plowed through its previous record, climbing 3.4 percentage points month-over-month and five...
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