Tag Archive for ‘Existing Home Sales’

Existing Sales Grow – Except for First-Time Buyers

Existing home sales, as reported by the National Association of Realtors, increased for the third consecutive month in July, and remained at the highest level since February 2007; but the first-time buyer share fell for the second consecutive month to the lowest level since January. Total existing home sales increased by 2.0% in July to a seasonally adjusted rate of… Read More ›

Existing Home Sales Rise to Pre-Recession Level

Existing home sales, as reported by the National Association of Realtors, increased in June to the highest level since February 2007. Although the June percent share of first-time buyers declined from May to 30%, that share remained at or above 30% for the fourth consecutive month. Total existing home sales increased by 3.2% in June to a seasonally adjusted rate… Read More ›

Sales of Existing Homes to First-Time Buyers Rise

Existing home sales, as reported by the National Association of Realtors (NAR), rose to the highest pace in six years in May. The report was also notable due to an increase in purchases by first-time buyers, which rose to the highest share experienced since September 2012. The May pace of existing home sales (5.35 million on seasonally adjusted annual basis) was… Read More ›

Existing Home Sales Pause

Existing home sales declined 3.3% in April, despite the fact that almost half of April sales remained on the market less than one month. The National Association of Realtors (NAR) reported April 2015 total existing home sales at a seasonally adjusted rate of 5.04 million units combined for single-family homes, townhomes, condominiums and co-ops, down from an upwardly revised 5.21… Read More ›

Spring for Existing Home Sales in America?

Existing home sales soared 6.1% in March, and the share of sales for first-time buyers also increased. The National Association of Realtors (NAR) reported March 2015 total existing home sales at a seasonally adjusted rate of 5.19 million units combined for single-family homes, townhomes, condominiums and co-ops, up from an upwardly revised 4.89 million units in February. March existing sales… Read More ›

Existing Sales Survive Winter

Existing home sales increased 1.2% in February, and the share of sales for first-time buyers registered its first gain since last November. The National Association of Realtors (NAR) reported February 2015 total existing home sales at a seasonally adjusted rate of 4.88 million units combined for single-family homes, townhomes, condominiums and co-ops, up from 4.82 million units in January. February… Read More ›

Existing Sales Disappoint

Existing home sales decreased 4.9% in January, and the share of sales for first-time buyers continued to disappoint. The National Association of Realtors (NAR) reported January 2015 total existing home sales at a seasonally adjusted rate of 4.82 million units combined for single-family homes, townhomes, condominiums and co-ops, down from a revised 5.07 million units in December. January existing sales… Read More ›

Existing Sales Momentum

Completing an improved second half of 2014, existing home sales increased 2.4% in December, although the share of sales for first-time buyers continued to disappoint. Existing home sales exceeded a 5 million sales pace for the sixth time in the past seven months, and were 3.5% above the same period a year ago. The National Association of Realtors (NAR) reported… Read More ›

Existing Sales Trend Up for First-Time Buyers

Although existing home sales decreased in November, the share of sales for first-time buyers increased to the highest level since October 2012. Existing home sales decreased 6.1% in November, but were 2.1% above the same period a year ago. The National Association of Realtors (NAR) reported November 2014 total existing home sales at a seasonally adjusted rate of 4.93 million… Read More ›

Existing Momentum

Existing home sales increased in October for the second consecutive month, and exceeded year-over-year levels for the first time in a year, despite no improvement among first-time buyers. Existing home sales increased 1.5% in October, and were 2.5% above the same period a year ago. The National Association of Realtors (NAR) reported October 2014 total existing home sales at a… Read More ›