Items Tagged with 'Existing home sales'

ARTICLES

  • NAR: Monthly existing home sales reach four-year high

    Each region but Northeast experiences an increase in sales activity
    In February, existing home sales experienced their largest monthly gain since December 2015, according to the latest report from the National Association of Realtors. NAR Chief Economist Lawrence Yun said a powerful combination of lower mortgage rates, more inventory, rising income and higher consumer confidence is driving the sales rebound.
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  • NAR: Existing home sales slide further in January

    Northeast only region to see increase in sales activity
    For the third month in a row, existing home sales took a dive, according to the latest report from the National Association of Realtors. NAR Chief Economist Lawrence Yun said January’s home sales of 4.94 million were the lowest since November 2015, but he does not expect the numbers to decline further going forward.
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  • Zillow: Lackluster existing home sales result of political headwinds

    Company also attributes decline to growing mortgage rates
    In December, existing home sales reversed course, suddenly dropping after months of continuous growth, according to the latest Existing Home Sales report from the National Association of Realtors. And while many factors contributed to the decline, Zillow attributes the drop to climbing mortgage rates, stock market volatility and political pandemonium.
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  • First American: Stock market volatility aids potential homebuyers

    Market potential for existing-home sales increases 1.1% year-over-year
    In December, potential existing-home sales moderately increased from the previous month and inched forward from 2018 levels, according to First American’s Potential Home Sales Model. First American Chief Economist Mark Fleming said that stock market volatility is aiding potential homebuyers.
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  • Existing home sales plummet in December

    What will the ongoing government shutdown mean for future sales?
    After seeing gains in previous months, existing home sales dropped suddenly in December, seeing double-digit losses from the year before. Due to the prolonged government shutdown, some might wonder what the effect has been on real estate, and if it is to blame for the decrease in home sales. NAR explains.
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  • NAR: Existing home sales rise again

    But fall 7% year-over-year
    Existing home sales rose in November, ushering the housing market into its second consecutive month of increases, according to the latest report from the National Association of Realtors.
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  • NAR: Existing home sales see first increase in 6 months

    Existing home sales break streak of declines
    After declining for six consecutive months, existing home sales increased in October, rising in three of four major U.S. regions. NAR Chief Economist Lawrence Yun said the increase in housing inventory has brought more buyers to the market.
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  • First American: Mortgage rates overshadowing healthy economy

    Market potential for existing-home sales decrease 0.4% year-over-year
    In October, potential existing-home sales rose from the previous month, but fell below 2017 levels, according to First American’s Potential Home Sales Model. First American Chief Economist Mark Fleming said despite the boost in demand and positive economic environment, the market potential for home sales has outpaced actual existing-home sales for five straight years.
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