Tag Archives: Existing-Home Sales

Existing-home sales dropped for the second straight month in August, despite job growth and still-low mortgage rates, according to the National Association of Realtors.

While still not at its full potential, the existing-home sales market is getting closer. What factors are behind the improvements?

The once widespread speculation that a September rate hike will occur has cooled since the start of the month. The Fed will announce its decision on Wednesday, September 21, at 2 p.m. EST.

A number of current economic conditions are supportive of the housing market—although demand for housing is being hindered somewhat by tight inventory levels.

Though new home sales soared in July to their best numbers in nine years, existing-home sales in the month lost steam.

Gains in existing-home sales, wage growth, job growth, low mortgage rates have fueled consumers’ confidence in the U.S. housing market, according to one analysis.

Both new and existing-home sales reached decade-high levels in June. Will July's reports bring similar news? The industry will find out this week on Tuesday for new home sales and Wednesday for existing-home sales.

The highest share of first-time buyers in four years boosted existing-home sales for June, but concerns around tight inventory and rapid home price appreciation still linger.

The U.S. housing market remains on solid footing despite facing broader economic headwinds following a disappointing May jobs report, slowing U.S. GDP growth, and uncertainty in global markets, according to Ten-X.

Existing-home sales in May hit their highest pace in almost a decade, while the uptick in demand this spring amidst lagging supply levels pushed the median sales higher.