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.

April Pending Home Sales Plunge Nearly 22%

Pending home sales fell sharply in April, marking two straight months of steep declines amid the coronavirus pandemic, the National Association of Realtors reported yesterday. Every major region experienced a drop in month-over-month contract activity and a decline in year-over-year pending home sales transactions.

March Pending Home Sales Tumble by Nearly 21%

As expected, March pending home sales fell as the early effects of the coronavirus pandemic took hold, the National Association of Realtors reported yesterday.

March Existing Home Sales Fall—But Worst Is Yet to Come

After a promising start to the spring home-buying season, existing home sales tumbled in March to a nearly five-year low, the National Association of Realtors reported yesterday—and because of the coronavirus pandemic, the outlook for April isn’t any better.

February Pending Homes Sales Up 2.4%

Pending home sales rose for the second straight month in February—perhaps one last lagging indicator before the coronavirus fallout—the National Association of Realtors reported yesterday.

December Pending Home Sales Down 5%

Pending home sales fell in December, falling back after increasing slightly in November, the National Association of Realtors reported yesterday, as all four major regions reported a drop in month-over-month contract activity.