Existing home sales during February spiked by 9.5% from January to a seasonally adjusted annual rate of 4.38 million, according to new data from the National Association of Realtors (NAR). This represented the largest monthly […]
California existing home sales reached their highest level in six months during January, according to new data from the California Association of Realtors (CAR). Closed escrow sales of existing, single-family detached homes in California […]
Existing home sales have declined approximately 30% since mortgage rates started rising in the fall of 2021, according to First American’s Potential Home Sales Model for June 2023. But home sales may have now reached […]
“Mortgage rates heavily influence the direction of home sales,” said NAR Chief Economist Lawrence Yun. The post Existing Home Sales Down 20% from One Year Ago appeared first on Weekly Real Estate News.
Existing home sales marginally increased in May, but were still down significantly from a year prior, according to the latest report from the National Association of Realtors (NAR). Total existing home sales rose 0.2% from […]
The median existing-home price for all housing types in April was $388,800. The post Unenchanted April: Existing Home Sales Down Last Month appeared first on Weekly Real Estate News.
Existing home sales account for the lion’s share of all home sales in the U.S. Unlike “New Home Sales,” this data series tracks previously sold homes. The massive rate spike in 2022 (and possibly the […]
After posting a surprising 14.5% monthly increase in February, breaking a year long streak of declines, existing home sales were back down again in March, according to a report from the National Association of Realtors (NAR), released […]
The National Association of Realtors (NAR) measures the sales of previously owned homes. These so-called Existing Home Sales account for a vast majority of all home sales in the US. Existing sales bottomed out in […]
Source: Yahoo Finance — BRIAN SOZZI: All right, from record home prices to record mortgage rates, 2022 has been a wild ride for the now ice-cold housing market. But could this pain be good for prospective […]
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