Browsing: Existing home sales

Economy

Existing-home sales experienced a large rebound of 11.8 percent in February, to a seasonally adjusted annual rate of 5.51 million in February, according to the National Association of Realtors (NAR). This followed a 1.2 percent decrease in January. Sales are 1.8 percent below the February 2017 level. Lawrence Yun, NAR’s chief economist, credited a number

Economy

Existing-home sales dipped 1.2 percent in January, a minor drop for the third consecutive month, to a seasonally adjusted annual rate of 4.94 million in January, according to the National Association of Realtors (NAR). This followed a 1.2 percent decrease in December. Sales are 8.5 percent below the January 2017 level. Lawrence Yun, NAR’s chief

Economy

Existing-home sales dropped 6.4 percent in December following two consecutive months of increases, to a seasonally adjusted annual rate of 4.99 million, according to the National Association of Realtors (NAR). This followed a 1.9 percent increase in November. Sales are 10.3 percent below the December 2017 level of 5.56 million. Lawrence Yun, NAR’s chief economist,

Economy

Existing-home sales increased 1.9 percent, the second consecutive monthly increase, to a seasonally adjusted annual rate of 5.32 million in November, according to the National Association of Realtors (NAR). This followed a 1.4 percent increase in October. Sales are 7.0 percent below the November 2017 level.Lawrence Yun, NAR chief economist, says two consecutive months of

Economy

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

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