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. […]

The post Existing-Home Sales Fizzle appeared first on RISMedia.

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. […]

The post Existing-Home Sales Strengthen appeared first on RISMedia.

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 […]

The post Home Sales Rocket to Second Highest Point Since 2008 appeared first on RISMedia.

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…

Luxury home sales activity in Houston down for 5 straight months

Falling oil prices in Houston were anticipated to noticeably impact the single-family housing market; however recent data suggests only the luxury sector has taken a hit.

“Mid-range housing actually saw a healthy sales volume in January,” said Mario A…

Miami sets new benchmark for annual home sales activity

Miami-Dade County real estate market is expected to set a new record for single-family home sales in 2015. According to the Miami Association of Realtors (MIAMI), the market registered 12,857 single-family home closings during the first 11 months of th…

Houston sales market hits expected decline

Recent data indicates Houston homes sales activity will decline in December for the third straight month. According to the Houston Association of Realtors, pending single-family homes sales at the end of November totaled 5,617, a 6.3 percent drop from …

Santa Clarita descends from its peak

The northern Los Angeles submarket of Santa Clarita Valley is unlikely to see a rise in home sales activity or median prices during the coming months. The market, which primarily includes the city of Santa Clarita – population 213,000 – has seen sales …