Tag Archives: existing home sales

Existing-Home Sales Decreased in September

Existing-home sales decreased 3.4 percent to a seasonally adjusted annual rate of 5.15 million in September, according to the National Association of Realtors (NAR). This followed a 0.2 percent decline in August. Sales are 4.1 percent below the September 2017 level. Lawrence Yun, NAR chief economist, says rising interest rates have led to a decline in sales across all regions ...

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Existing-Home Sales Unchanged in August

Existing-home sales were unchanged at a seasonally adjusted annual rate of 5.34 million in August, according to the National Association of Realtors (NAR). This followed a 0.7 percent decline in July. Sales are 1.5 percent below the August 2017 level. Lawrence Yun, NAR chief economist, says the decline in existing home sales appears to have hit a plateau with robust ...

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Existing-Home Sales Fell 0.7 Percent in July

Existing-home sales decreased 0.7 percent to a seasonally adjusted annual rate of 5.34 million in July, according to the National Association of Realtors (NAR). This followed a 0.6 percent decline in June. Sales are 1.5 percent below the July 2017 level. Lawrence Yun, NAR chief economist, says the continuous solid gains in home prices have now steadily reduced demand. “Led ...

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Existing-Home Sales Fell 0.6 Percent in June

Existing-home sales decreased 0.6 percent to a seasonally adjusted annual rate of 5.38 million in June, according to the National Association of Realtors (NAR). This followed a 0.4 percent decline in May. Sales are 2.2 percent below the June 2017 level. “There continues to be a mismatch since the spring between the growing level of homebuyer demand in most of ...

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Existing-Home Sales Fell 0.4 Percent in May

Existing-home sales decreased 0.4 percent to a seasonally adjusted annual rate of 5.45 million in May, according to the National Association of Realtors (NAR). This followed a 2.5 percent decline in April. Sales are 3.0 percent below the May 2017 level. “Closings were down in a majority of the country last month and declined on an annual basis in each ...

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Existing-Home Sales Fell 2.5% in April

Existing-home sales decreased 2.5% to a seasonally adjusted annual rate of 5.46 million in April, according to the National Association of Realtors (NAR). This followed two consecutive monthly increases. Sales are still 1.2% below the April 2017 level. “The root cause of the underperforming sales activity in much of the country so far this year continues to be the utter ...

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Existing-Home Sales Rose 1.1% in March

Existing-home sales increased 1.1% to a seasonally adjusted annual rate of 5.60 million in March, according to the National Association of Realtors (NAR). This was the second consecutive monthly increase as activity expanded in the Northeast and Midwest. However, sales are still 1.2% below the March 2017 level. “Robust gains last month in the Northeast and Midwest – a reversal ...

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Existing-Home Sales Tumble in January

Existing-home sales decreased 3.2% to a seasonally adjusted annual rate of 5.38 million in January, according to the National Association of Realtors (NAR). January was the second consecutive monthly decline. Sales finished the year 4.8% below January 2017. This was the largest annual decline since August 2014. “The utter lack of sufficient housing supply and its influence on higher home ...

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Existing-Home Sales Drop as Supply Continues to Fall

Existing-home sales decreased 3.6% to a seasonally adjusted annual rate of 5.57 million in December, according to the National Association of Realtors (NAR). December was the first monthly decline since August. November’s pace was the strongest since December 2006. Sales finished the year 1.1% above 2016. “Existing sales concluded the year on a softer note, but they were guided higher these ...

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