Home >> Tag Archives: Existing-Home Sales (page 6)

Tag Archives: Existing-Home Sales

Existing Home Sales, Prices Continue Gaining Ground

Tight inventory is continuing to drive home prices upward, but despite the uptick in cost, sales aren’t slowing down anytime soon. According to a report covering March housing activity, existing home sales and overall home prices were both up. The expected rise in interest rates likely pushed buyers into the market ahead of the spring season.

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Existing Sale Prices Looking Up for March

The latest look at existing home sales by Ten-X anticipates a bump in home sales and prices. The firm’s Nowcast model projects March existing home sales of 5.6 million units and a median sale price of $232,55. But inventory, especially for starter homes, remains tight everywhere.

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The Week Ahead: Best in Decade for Existing Sales?

The big storylines of the housing market this year have been short supply and declining affordability, particularly toward the end of the year as mortgage interest rates have risen. Even so, existing-home sales are expected to finish 2016 with their best annual rate since 2006.

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The Week Ahead: Will First-Time Buyers Step Up Again?

A push from first-time buyers reversed a two-month decline in existing-home sales in the previous report from the National Association of Realtors. Will first-time buyers drive existing-home sales again? The industry will find out this week when NAR releases the latest existing-home sales data.

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