NAR existing home sales increase 2.1% in October

Yesterday, the National Association of Realtors (NAR) released their Existing Home Sales Report for november showing weak sales with total home sales falling 6.1% since October, but still climbing 2.1.

Pending home sales inched up slightly in November, indicating that existing home sales will also inch up in December, according to the latest release from the National Association of Realtors. up.

Existing home sales in the West increased 2.8% to an annual rate of 1.11 million in October, which is a whopping 11.2% below October 2017. The median price in the West was $382,900 increasing 1.9%.

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NEW YORK ( — Existing home sales surged in October to the highest level in more than 2-1/2 years, according to a real estate industry report issued Monday. The National Association.

This page provides national and regional data on the number of new single-family houses sold and for sale. It also provides national data on median and average prices, the number of houses sold and for sale by stage of construction, and other statistics. The data are from the Survey of Construction.

The Census Bureau’s mid-month population estimates show an 18.4% increase in the US population since the turn of the century. The snapshot below is an overlay of the NAR’s annualized estimates with a population-adjusted version. Existing-home sales are 2.1% below the NAR’s January 2000 estimate.

Sales End 2018 With 6.4% Drop in December October existing-home sales rose 2.1% to a seasonally adjusted annual rate of 4.79 million, compared to 4.69 million in September.

The homes selling in May spent an average of 55 days on the market (DOM), an increase of 5.8% from 52 days in May 2018 but a decrease of 31.3% from 80 days in April. Forecast: May sales were five units, or 2.1%, above the Alabama Center for Real Estate’s (ACRE) monthly forecast. ACRE projected 239 sales for the month, while actual sales were.

Single-family home sales climbed 2.1 percent to a seasonally adjusted annual rate of 4.87 million in October from 4.77 million in September, but are still 1.0 percent under the 4.92 million pace a.

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Note the accelerating drop in sales of existing homes in the Midwest and the unabated plunge in the West:. years of rampant price increases, as NAR report said, “there is still a. In 2017, the June-December decline was just 2.1%.. December 2018 · November 2018 · October 2018 · September 2018.