Tag Archives: Existing-Home Sales

The National Association of Realtors recently released its Existing Home Sales report, discovering the most recent data and trends in the market. Read on to find out just how good—or bad—existing home sales are doing.

The housing starts and existing home sales reports have been scheduled to release later this week. See the most recent data and more in the Week Ahead.

According to the National Association of Realtors Existing-Home Sales report for August, total inventory dropped again, which is the fourth time in five months that a decline was recorded.

When thinking about the overall health of the housing market, it’s important to consider not only its current position, but also where it potentially could be, so as ...

Higher existing-home sales do not necessarily mean high homeownership rate. With homes selling fast, homebuyers are starting to realize they can afford less of what is on the market. Lawrence Yun, chief economist of the National Association of Realtors, Jonathan Spader, senior research associate at the Joint Center for Housing Studies at Harvard University, and Mark Calabria, chief economist and assistant to Vice President Mike Pence weigh in on the 2017 midyear forecast.

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.

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.

Reports show a healthy demand for homes, but higher prices may be reducing sales.

How will affordability impact existing home sales and inventory in the National Association of Realtors January report?

Existing-home sales still reported their best year in a decade in 2016 despite taking a step back in December, according to the latest data from the National Association of Realtors.