Existing home sales continued to trend upward in October, marking five consecutive months of month-over-month gains, the National Association of Realtors reported yesterday.
Tag: Existing Home Sales
September Existing Home Sales Soar to 14-Year High
Existing home sales jumped for the fourth consecutive month in September, the National Association of Realtors reported yesterday, reaching their highest level since 2006.
August Existing Home Sales at 14-Year High
Existing home sales reached their highest level since before the Great Recession, the National Association of Realtors reported yesterday.
July Existing Home Sales Ride the Wave
Existing home sales surged by a record 24.7 percent in July, the second straight double-digit monthly gain, the National Association of Realtors reported yesterday.
Lack of Supply Hinders Housing Market’s Full Potential
Despite the housing market’s show of strength this summer amid economic turmoil sparked by the coronavirus pandemic, it has yet to reach its full potential because of ongoing supply restraints, said First American Financial Corp., Santa Ana, Calif.
June Existing Home Sales Jump Record 20.7%
Existing home sales rebounded at a record pace in June, the National Association of Realtors reported yesterday, showing strong signs of a market turnaround after three straight months of sales declines caused by the coronavirus pandemic.
May Existing Home Sales Down Nearly 10%–But Analysts See Upside
Existing home sales fell by nearly 10 percent in May from April—the third consecutive monthly decline in the wake of the coronavirus outbreak—the National Association of Realtors reported yesterday. But analysts saw positive signals despite the drop, as first-time buyer and Millennial demand showed signs of intensifying.
MBA Chart of the Week: Existing Home Sales and Inventory
Existing home sales plunged in April, as much of the U.S. economy and housing market bore the brunt of the COVID-19 pandemic’s social distancing and closures. There was an 18 percent drop in the seasonally adjusted, annualized pace of home sales, the largest single month decline since July 2010.
MBA Chart of the Week: Existing Home Sales and Inventory
Existing home sales plunged in April, as much of the U.S. economy and housing market bore the brunt of the COVID-19 pandemic’s social distancing and closures. There was an 18 percent drop in the seasonally adjusted, annualized pace of home sales, the largest single month decline since July 2010.
Homebuying Demand Higher Than Before Pandemic; New Home Share at 8-Year High
Amid some absolutely dreadful housing news lately, there are signs of resilience—and perhaps, the seeds of recovery.