Tag Archive for ‘Existing Home Sales’

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 ›

Existing Sales Decline

Existing home sales decreased 1.9% in September from a significant downward revision in August, but were up 10.7% from the same period a year ago. The National Association of Realtors (NAR) reported that September 2013 total existing home sales were at a seasonally adjusted rate of 5.29 million units combined for single-family homes, townhomes, condominiums and co-ops. The August level… Read More ›

Pending Home Sales in April – Continuing Progress

The National Association of Realtors (NAR) released their pending home sales index (PHSI) for April. The PHSI tracks sales contracts signed, the precursor to contracts being closed, and is typically a good predictor of existing homes sales (i.e., contract closings) in the following month or two. The PHSI advanced 0.3% in April from March and stands 10.3% higher than in… Read More ›

Existing Home Sales Dip in December

Existing home sales declined 1% in December, sliding to a seasonally adjusted annualized rate of more than 4.9 million total units.  Nonetheless, data from The National Association of Realtors (NAR) indicate sales remain on an upward trend. The average monthly pace recorded during November and December was at its highest level in three years, while sales increased nearly 13% on… Read More ›

Pending Home Sales Retreat

The Pending Home Sales Index (PHSI), a forward-looking indicator based on signed contracts, decreased 2.6% in August 2012 to 99.2, down from the upwardly revised level of 101.9 in July.  However, the August 2012 PHSI was 10.7% higher than the same period a year ago, and the July PHSI reached its highest level since April 2010 when the home buyer tax… Read More ›

Existing Home Sales Up Strongly From a Year Ago, Slightly Down from a Month Ago

February 2012 existing home sales were up 8.8 percent from a year ago, although down 0.9 percent from the upwardly revised January level. The February 2012 seasonally adjusted level of 4.59 million sales was up from the 4.22 million level of sales a year ago. The National Association of Realtors (NAR) reported that the February seasonally adjusted sales of existing… Read More ›