Among the news the industry will be watching for in the coming week will be the Q4 and year-end earnings statements for Morgan Stanley and Goldman Sachs, among others.
Read More »Will Existing-Home Sales Bounce Back from the Recent Disappointment?
November 2015 saw a substantial dropoff in the pace of existing-home sales. Will there be a comeback in 2016?
Read More »Institutional Investors Slightly Less Active
The share of all-cash sales continues to decline, and the share of homes purchased by institutional investors—who account for the largest percentage of all-cash sales—has dropped right along with it.
Read More »Existing-Home Sales Expected to Pick Up As Market Shifts to Favor Buyers
The data shows home price declines and increased time on the market has moved the September housing market from a seller's market to a buyer's market. This transition means that it is easier for buyers to purchase a home compared to any other time so far this year.
Read More »Existing-Home Sales Gains May Be Slowing Down
While existing-home sales have seen solid gains in 2015, reaching levels not seen since before the crisis seven years ago, the rate of increase may be slowing down, according to data released by Auction.com on Tuesday.
Read More »Existing-Home Sales Continue Surge While First-Time Buyer Sales Fall
Total existing-home sales rose 2.0 percent to a seasonally adjusted annual rate of 5.59 million in July from a downwardly-revised 5.48 million in June.
Read More »Existing-Home Sales Forecast Revised Downward Despite Recent Surge
Originally, Auction.com predicted the total number of existing-home sales to fall between 5.49 and 5.84 million annual sales with a targeted number of 5.67 million.
Read More »New and Existing Home Sales Trending Upward Despite Monthly Declines
Sales of new single-family homes rose 18 percent year-over-year in June with a seasonally adjusted annual rate of 482,000 compared to June 2014's pace of 408,000, according to the survey.
Read More »Existing Home Sales Expected to Continue Acceleration
"May and June existing home sales have both been very encouraging for anyone looking for proof that the housing market is in recovery, and our July Nowcast indicates that this positive momentum will continue into July," Auction.com EVP Rick Sharga said.
Read More »Existing-Home Sales Hit Six-Year High
Total housing inventory increased by 3.2 percent to 2.29 million existing homes available for sale at the end of May, and is 1.8 percent higher than the 2.25 million homes for sale a year ago, the report says. Meanwhile, unsold inventory dropped down to a 5.1-month supply at the current sales pace for May, down from 5.2 months in April.
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