More real estate agents believe their client shortfall has begun to stabilize, an indication of rising home demand in the new year, according to new results from the latest Inman Intel Index survey
Existing-home sales decreased by 2.4% from March and 5.9% from the year before as declining affordability continued to put off homebuyers, according to the National Association of Realtors
Existing-home sales made a rebound in September following a dip in sales in August, NAR reported. All 4 major US regions saw an increase in sales from the previous month
Existing-home sales declined 2% between July and August to a seasonally adjusted annual rate of 5.88M, with all geographical regions in the US seeing monthly and annual declines
Median existing-home prices soared 23.6% year over year to a record high of $350,300, as monthly price gains continue
February's seasonally adjusted annual rate of 775,000 was down 18.2% from January's revised rate of 948,000
The Pending Home Sales Index declined 2.8% from the previous month to 122.8, but was up 13% from the year before and marked an all-time high for January
Existing-home sales in October 2020 were up 4.3% from the previous month and up 26.6% from one year ago, according to a report from the National Association of Realtors
Existing-home sales in January were down 1.2% from December, according to National Association of Realtors
Homes are flying off the market at a dizzying pace
NAR's Lawrence Yun: 'Market challenges remain, but the housing market is off to a prosperous start'
The latest numbers from the National Association of Realtors show a promising end to 2016
The seasonally adjusted annual rate of 5.60 million is the highest rate since February 2007
The cause? Tight inventory and rising prices, which are hurting sales
Purchases up 4.9 percent from April to May