Tag Archive for ‘Existing Home Sales’

Existing Sales Pass 5 Million

Existing home sales continued to increase from the winter quarter and passed the 5 million mark for the first time since October 2013. This increase is positive news for future new home sales because each prospective repeat buyer must sell their existing home before buying a newly built home. Existing home sales increased 2.6% in June, but are still 2.3%… Read More ›

Eye on the Economy: Home Sales Surge after Slow First Quarter

Housing news continued to improve as pending home sales surged following a slow first quarter. Home prices also continued to move higher but at a more moderate pace, suggesting the extra push caused by investors may be slowing. Economic news, however, was mixed. Consumer confidence increased in response to improving labor market conditions. On the other hand, new estimates from… Read More ›

Existing Sales Rebound

Existing home sales rebounded from the winter quarter with the highest monthly increase in almost three years, boosting prospects for homebuilders. Existing home sales increased 4.9% in May, although that rally still left existing sales 5.0% below the same period a year ago. The National Association of Realtors (NAR) reported May 2014 total existing home sales at a seasonally adjusted… Read More ›

Existing Sales and Inventory Increase

Existing home sales increased 1.3% in April, but fell 6.8% from the same period a year ago. The National Association of Realtors (NAR) reported April 2014 total existing home sales at a seasonally adjusted rate of 4.65 million units combined for single-family homes, townhomes, condominiums and co-ops, up from 4.59 million units in March. The West and South increased by… Read More ›

Existing Sales Remain Flat

Existing home sales decreased 0.2% in March, and fell 7.5% from the same period a year ago. The National Association of Realtors (NAR) reported March 2014 total existing home sales at a seasonally adjusted rate of 4.59 million units combined for single-family homes, townhomes, condominiums and co-ops, down from 4.60 million units in February. The Northeast and Midwest increased by… Read More ›

Existing Sales Flat

Existing home sales decreased 0.4% in February, and fell 7.1% from the same period a year ago. The National Association of Realtors (NAR) reported February 2014 total existing home sales at a seasonally adjusted rate of 4.60 million units combined for single-family homes, townhomes, condominiums and co-ops, down from 4.62 million units in January. The West and South increased by… Read More ›

Existing Sales Tumble

Existing home sales decreased 5.1% in January, and decreased 5.1% from the same period a year ago. The National Association of Realtors (NAR) reported January 2014 total existing home sales at a seasonally adjusted rate of 4.62 million units combined for single-family homes, townhomes, condominiums and co-ops, down from a 4.87 million units in December. The slide occurred in every… Read More ›

Existing Sales Increase

Existing home sales increased 1.0% in December, but were down 0.6% from December 2012. The National Association of Realtors (NAR) reported December 2013 total existing home sales at a seasonally adjusted rate of 4.87 million units combined for single-family homes, townhomes, condominiums and co-ops, up from a downwardly adjusted 4.82 million units in November. Existing home sales in the West… Read More ›

Existing Sales Down

November existing home sales decreased from October to a level below the same period a year ago. Existing home sales decreased 4.3% in November, and were down 1.2% from November 2012. The National Association of Realtors (NAR) reported November 2013 total existing home sales at a seasonally adjusted rate of 4.9 million units combined for single-family homes, townhomes, condominiums and… Read More ›

Existing Sales Decline

Existing home sales decreased 3.2% in October, but were up 6.0% from the same period a year ago. The National Association of Realtors (NAR) reported October 2013 total existing home sales at a seasonally adjusted rate of 5.12 million units combined for single-family homes, townhomes, condominiums and co-ops, down from a revised September level of 5.29 million units. All regions… Read More ›