Tag Archives: Existing Home Sales

September 2016 Existing Home Sales Stem a Two Month Slide – Up 3.2 Percent from August and 0.6 Percent Year-Over-Year

After declining year-over-year for two consecutive months, existing home sales turned the corner in September 2016 with sales up 3.2 percent sequentially from August and 0.6 percent versus a year ago on a seasonally adjusted annualized rate (SAAR) according to the National Association of Realtors® (NAR). On a non-seasonally adjusted basis, September 2016 existing home …Read more

Existing Home Sales Hiccup in July 2016 — Down 3.2 Percent Sequentially from June and Off 1.6 Percent Year-Over-Year

Existing home sales hiccupped in July 2016, falling 3.2 percent versus June and down 1.6 percent year-over-year to 5.39 million on a seasonally adjusted annualized rate (SAAR), according to the National Association of Realtors® (NAR). Median price rose 5.3 percent from a year ago to $244,100. Median prices have now risen 53 consecutive months on …Read more

New Homes Sales the Most in Eight Years in July 2016

New home sales ramped-up in July 2016 to the highest level seen since October 2007, hitting 654,000 new single family dwellings on a seasonally adjusted annualized rate (SAAR). That equates to a 31.3 percent gain versus July 2015, and up 12.4 percent sequentially compared to the revised June 2016 number. The median price was $294,600, …Read more