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Tag Archives: NAR

No Turning Back for Existing-Home Sales

Despite the unfavorable odds including inventory shortages, continued home price appreciation, and stagnant household income growth, existing-home sales continue to emerge triumphant, and that odd-defying trend is expected to continue.

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Existing-Home Sales Emerge Triumphant

Existing-homes sales have been up against unfavorable odds including inventory shortages, soaring home price appreciation, and stagnant household income growth. However, they defied those odds and came out on top for the second consecutive month.

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The Week Ahead: The Certain Future of Existing Sales

Although the market may be facing challenges such constrained inventory and home price appreciation outpacing wage growth, existing-home sales have a bright future ahead, according to industry economists. Where will existing-home sales land this week?

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The Week Ahead: The Ripple Effect of the Housing Shortage

The continuous imbalance of extremely low inventory levels and soaring demand is creating a gap in the housing market. Existing-home sales have been in limbo since the start of the year mostly due to the lack of available housing options in market. Where will they fall this week?

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Pending Home Sales Up Over Last Month, Reach Highest Point in Two Years

The index, an indicator of sales based on contract signings, was released this morning. It showed a 1.1 percent increase in pending sales for March and an 11.1 percent increase over the same time last year. This marks the third month in a row the sales have risen and the seventh year that pending sales numbers have improved.

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