Tag Archives: Existing Home Sales

Distressed sales, including foreclosures and short sales, comprised just 1% of home sales in October 2002 according to new NAR data, down from 2% in September.

The confluence of market forces that are currently weighing on the market is shaking up long-term forecasts. Here’s why Fannie Mae Chief Economist Doug Duncan thinks “it’s unlikely the economy will avoid a modest recession.”

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 ...

Existing-home sales retreated for the fourth consecutive month in May, according to the National Association of Realtors (NAR). Month-over-month sales declined in three out of four major U.S. regions, while year-over-year sales slipped in all four regions. Total existing-home sales ...

Homebuying reached new highs in March, as buyers clamored to lock in rates and close deals prior to a spike in mortgage rates amid inflationary concerns.

NAR reports that foreclosures and short sales represented less than 1% of total home sales in April 2022, but down slightly from April 2021’s totals.

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 ...