Tag Archives: Existing Home Sales

Existing Home Sales Increase Year-Over-Year for the Third Consecutive Month – Median Price Now Up 34 Consecutive Months Year-Over-Year

December existing home sales hit the 5+ million seasonally adjusted annualized sales rate (SAAR) for the sixth time in the past seven months as reported by the National Association of Realtors® (NAR). Sales were up 3.5 percent in December 2014 when compared to the same month a year earlier. Sequentially, sales were up 2.4 percent …Read more

Another Top-10 List — The Hottest Residential Markets

Things change. And they always will. Period. What was hot at one time may be cool at another. And Vice-versa. That encompasses from coffee to iced tea to real estate markets. From a residential real estate perspective, the relative performance of a local market is a function of current supply and demand relationships and expectations …Read more

Best Holiday Discounts on Housing

As we head into peak holiday sales season at the cash register, people are looking for the best deals possible. The same is true in the housing market. To find the biggest discounts, so-to-speak, Zillow used two metrics to find the best “Sale” on housing. The first is the largest price cuts as a percentage …Read more

September Existing Home Sales Hit the High-Water Mark of 2014 at 5.17 Million on an Annualized Basis — Median Price Up 5.6 Percent Year-Over-Year to $209,700

September existing home sales rose to the highest level seen thus far in 2014, reaching a seasonally adjusted annualized rate (SAAR) of 5.17 million according to the National Association of Realtors (NAR). While sales rose 2.4 percent sequentially from August, they were 1.7 percent less than the 5.26 million SAAR seen a year ago. The …Read more

August 2014 Existing Home Sales – Dipping 1.8 Percent Sequentially from July and Down 5.3 Percent Year-Over-Year from August 2013 — Not Necessarily Bad News

Sales of existing homes in August were on track at a seasonally adjusted annualized rate (SAAR) of 5.05 million homes, down 1.8 percent from July 2014 and off 5.3 percent from August 2013 according to the National Association of Realtors® (NAR). Median home prices rose 4.82 percent to $219,800 in August 2014 versus a year …Read more

July Existing Housing Sales Hit Highest Annualized Level of 2014

July 2014 saw existing housing sales post the greatest seasonally adjusted annualized rate (SAAR) thus far this year at 5.15 million units according to the National Association of Realtors® (NAR). Sales increased 2.4 percent sequentially from June (revised), though they were off 4.3 percent from July 2013. Median price increased 4.9 percent from a year …Read more