Tag Archive for ‘Existing Home Sales’

Existing Home Sales Rebound in October

Despite the slowdown last month, existing home sales, released by the National Association of Realtors (NAR), climbed more than expected in October. Total existing home sales, including single-family homes, townhomes, condominiums and co-ops, rose 1.9% to a seasonally adjusted annual rate of 5.46 million in October. On a year-over-year basis, sales were 4.6% higher than a year ago. The first-time buyer… Read More ›

Existing Home Sales Disappoint in September

After reaching 17-month high last month, existing home sales, released by the National Association of Realtors (NAR), fell more than expected in September despite low mortgage rates. Total existing home sales, including single-family homes, townhomes, condominiums and co-ops, dropped 2.2% to a seasonally adjusted annual rate of 5.38 million in September. However, sales were still 3.9% higher than a year ago…. Read More ›

Existing Home Sales Continue to Strengthen in August

Boosted by low mortgage rates, existing home sales, released by the National Association of Realtors (NAR), rose to 17-month high in August. Total existing home sales, including single-family homes, townhomes, condominiums and co-ops, climbed 1.3% to a seasonally adjusted annual rate of 5.49 million in August, the largest gain since March 2018. On a year-over-year basis, sales were 2.6% up than… Read More ›

Existing Home Sales See First Year-Over-Year Gain in a Year, Boosted by Lower Mortgage Rates

After a minor decline in June, existing home sales, released by the National Association of Realtors (NAR), rebounded in July. Total existing home sales, including single-family homes, townhomes, condominiums and co-ops, climbed 2.5% to a seasonally adjusted annual rate of 5.42 million in July. On a year-over-year basis, sales were 0.6% up than a year ago, the first year-over-year gain in… Read More ›

Existing Home Sales Weaken in June

After gains in May, existing home sales, released by the National Association of Realtors (NAR), fell more than expected in June. Total existing home sales, including single-family homes, townhomes, condominiums and co-ops, dropped 1.7% to a seasonally adjusted annual rate of 5.27 million in June. On a year-over-year basis, sales were 2.2% lower than a year ago, marking the sixteenth straight… Read More ›

Existing Home Sales Bounced Back in May

Boosted by lower mortgage rates, existing home sales, released by the National Association of Realtors (NAR), rebounded in May. This is the first gain in two months. Total existing home sales, including single-family homes, townhomes, condominiums and co-ops, climbed 2.5% to a seasonally adjusted annual rate of 5.34 million in May. On a year-over-year basis, sales were 1.1% lower than a… Read More ›

Pending Home Sales Slide in April

After a large gain in March, pending home sales slightly dropped in April. The Pending Home Sales Index (PHSI), reported by the National Association of Realtors (NAR), is a forward-looking indicator based on signed contracts. The PHSI fell 1.5% from 105.9 in March to 104.3 in April, and was still 2.0% below the level of one year ago, marking the… Read More ›

Existing Home Sales Slightly Down in April

Following a sharp decline in March, existing home sales, released by the National Association of Realtors (NAR), continued to fell in April despite lower interest rates and a strong labor market. Total existing home sales, including single-family homes, townhomes, condominiums and co-ops, declined 0.4% to a seasonally adjusted annual rate of 5.19 million in April. On a year-over-year basis, sales were… Read More ›

Pending Home Sales Climbed in March

Pending home sales bounced back in March, after a minor slip in February. The Pending Home Sales Index (PHSI), reported by the National Association of Realtors (NAR), is a forward-looking indicator based on signed contracts. The PHSI rose 3.8% from 101.9 in February to 105.8 in March, but was still 1.2% below the level one year ago, marking the fifteen… Read More ›

Existing Home Sales Declined in March

After a strong gain in February, existing home sales, released by the National Association of Realtors, fell back in March despite lower interest rates and a strong labor market. Total existing home sales, including single-family homes, townhomes, condominiums and co-ops, declined 4.9% to a seasonally adjusted annual rate of 5.21 million in March. On a year-over-year basis, sales were 5.4%… Read More ›