Tag Archives: Existing Home Prices

Home price growth showed signs of slowing in August 2022 as rates fell to 12% on an annualized basis—off from its 35% peak—according to the latest Home Price Index published by homegenius.

For the fifth consecutive month, existing-home sales dropped as three of the four major geographic regions of the country experienced month-over-month declines. On a yearly basis, sales sank in all four regions.  All-in-all, total existing home sales for June 2022—which ...

According to the National Association of Realtors' latest quarterly report, Q1 of 2022 found more markets reaching double-digit annual price gains than the previous quarter. Meanwhile, approximately 70% of 185 measured metros experienced such price gains – up from 66% in ...

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 ...

Sharga also noted that while the 5.31 million target number for April is up both month-over-month and year-over-year, a truly healthy housing market would be on a pace for about six million in existing home sales annually. He said the annual rate of existing home sales will probably continue at about the five million range for the next year.

March's Real Estate Nowcast predicted that existing home sales for March would fall between 4.83 and 5.12 million on a seasonally adjusted annualized basis. The target number for existing home sales of 4.97 million is an increase of 1.9 percent month-over-month and 5.8 percent from March 2014.

The figures for both sales and median price for existing homes in October were higher than the "10-year October average," or the average of that data from the previous 10 Octobers, according to the National Association of Realtors.