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The nationwide median sale price for existing homes in January clocked in at $379,100, up 5.1 percent from last year and the seventh month in a row to record year-over-year increases.
June 21, 2024 at 11:20 AM. By Lucia Mutikani. WASHINGTON (Reuters) -U.S. existing home sales fell for a third straight month in May as record-high prices and a resurgence in mortgage rates ...
New and existing home sales. New home sales is an economic indicator which records sales of newly constructed residences in the United States of America. The United States Census Bureau publishes new home sales statistics monthly on their website. Statistics are reported as unadjusted monthly rates and seasonally adjusted annual rates.
New home sales have outperformed existing home sales so far this year. Properties typically remained on the market for 20 days in July, up from 14 days a year ago.
NAR forecasted that existing home sales will increase by 13.5% to 4.71 million units in 2024, from the 4.1 million anticipated by the end of this year.
National home sales and prices both fell dramatically again in March 2007 according to NAR data, with sales down 13% to 482,000 from the peak of 554,000 in March 2006 and the national median price falling nearly 6% to $217,000 from the peak of $230,200 in July 2006. The plunge in existing-home sales was the steepest since 1989.
According to the most recent existing home sales data from NAR, the country had a 3.5-month supply of housing inventory in April, still well below the 5 to 6 months that would be needed for a ...
The index for pending home sales increased just over 8% to 77.3 in December, according to data from the National Association of Realtors (NAR) released Friday. The month-over-month uptick was the ...
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