No Gain, No Loss: Existing-Home Sales Stabilize

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 million—a jump from 1.87 million the prior year. Activity was carried by the Midwest and […]

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Existing-Home Sales Stuck

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, down 0.5 percent to 1.92 million. “Led by a notable decrease in closings in the […]

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Existing-Home Sales Slip, but Inventory Stirs

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 percent to 1.95 million, and is 0.5 percent higher than the prior year—the first increase […]

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Existing-Home Sales Hit a Snag

Existing-home sales in May were snagged by supply, the National Association of REALTORS® (NAR) reports. Activity in May declined 0.4 percent to 5.43 million, down 3 percent from the prior year. Inventory increased 2.8 percent to 1.85 million, but was 6.1 percent lower than the prior year. “Closings were down in a majority of the […]

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Existing-Home Sales Fizzle

After early gains in the season, April existing-home sales fizzled, with every region sputtering, the National Association of REALTORS® (NAR) reports. Activity in April declined 2.5 percent to 5.46 million, down 1.4 percent from the prior year. Inventory increased 9.8 percent to 1.8 million, but, by comparison, was 6.3 percent lower than the prior year. […]

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Existing-Home Sales Strengthen

Building on February’s gains—and for the second time this year—existing-home sales have strengthened, the National Association of REALTORS® (NAR) reports. March sales increased 1.1 percent to 5.6 million, but they were down 1.2 percent from the prior year. Inventory increased, as well: 5.7 percent to 1.67 million, but 7.2 percent lower than the prior year. […]

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January existing-home sales drop 3.2%, the largest decline since 2014

Existing-home sales decreased 3.2 percent to a seasonally adjusted annual rate (SAAR) of 5.38 million in  January — dipping from a downwardly revised 5.56 in December 2017, the National Association of Realtors (NAR) reported today …

Home sales up 18.9 percent to 667,000

Good news for the housing market: sales of single-family homes rose by 18.9 percent in September, to 667,000 new houses sold, according to new stats released today from the U.S. Census Bureau and HUD (U.S. Department of Housing and Urban Development) …

Home Sales Rocket to Second Highest Point Since 2008

In November, sales of new homes hit their second highest peak since 2008, according to data released by the U.S. Census Bureau and the Department of Housing and Urban Development (HUD). While these numbers have been fickle month-to-month, this is a hopeful sign of a surge in demand for the new year to come. November’s new […]

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RealtyTrac finds all cash home sales increasing in the District

The volume of all-cash home sales is on the rise in the District of Columbia, with competition and outside buyers driving the uptick. According to data from RealtyTrac, last year 24.3 percent of all district home sales were cash deals, the highest perc…