Tag Archives: Existing Home Sales

The sale of new homes dipped in March with builder confidence diminishing, as builders continued to struggle to complete homes under construction due to a shortage of materials.

Continuing a pattern of recent rises and declines over the last few months, existing home sales dropped in February 2022 according to the Existing Home Sales Report from the National Association of Realtors (NAR).  The NAR recorded a seasonally adjusted ...

The supply of available homes dropped again in December—a new low recorded by Zillow.

Closing the books on 2021, The National Association of Realtors (NAR) has reported that, during the month of December, existing-home sales declined 4.6% from November, to a seasonally adjusted annualized rate of 6.18 million, snapping a three-month streak of increases.  Despite the monthly drop, existing home sales increased by an overall ...

As home prices fell about 30% from the peak level in 2006 from 2021, appreciation has rebounded, causing a surge in home purchases.

Home buyers continued to snap up the limited supply of available homes, exerting upward pressure on sales prices and overall home-price growth.

Despite mounting affordability challenges, existing-home sales continued to push upward, rising a slight 0.8% over September’s totals.

A seasonal slowdown in purchase activity has not dampened home values, as the limited supply remains priced at a premium.

New research by Knock, a digital homeownership platform, confirmed something that many homebuyers have already discovered: they are being priced-out of the new home market.  While the uptick in new construction has been viewed as a positive sign for buyers, soaring prices and low ...

Consumer interest in second homes is expected to remain above pre-pandemic levels for the foreseeable future as remote work becomes a new way of life.