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Tag Archives: Existing Home Sales Report

Existing-Home Sales Decrease for Eighth Month

"The housing sector continues to undergo an adjustment due to the continuous rise in interest rates" said Lawrence Yun, Chief Economist of NAR. "Expensive regions of the country are especially feeling the pinch and seeing larger declines in sales."

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July Home Sales Drop to Early-Pandemic Levels

Home sales showed no signs of stopping its recent descent in July 2022, as sales dropped to their lowest level since the beginning of the pandemic when the market was at a near standstill.  According to Redfin, home sales dropped ...

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Five Months of Existing-Home Sales Declines

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 ...

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The Week Ahead: Checking in With Existing-Home Sales

On Monday at 10 a.m. ET, the National Association of Realtors (NAR) will release its monthly Existing-Home Sales report. As opposed to new home sales, the Existing-Home Sales report tracks the number of previously constructed homes, condos, and co-ops where ...

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Distressed Properties Contribute to Low Average Market Time

The May 2017 Existing Home Sales Index was released Tuesday, showing that even though inventory is slightly on the rise compared to April 2017, median home prices are still increasing as well. Existing, unsold properties are coming off the market at record times, and foreclosures and short sales are contributing factors. Some industry professionals, however, wonder how long this trend will last.

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