Tag Archives: Existing Home Sales

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

June 2016 Existing Home Sales up 3.0 Percent Year-Over-Year to Greatest Level Since February 2007, Median Price Up 4.8 Percent to $247,700

U.S. existing home sales rose 3.0 percent year-over-year in June 2016 to 5.57 million on a seasonally adjusted annualized rate (SAAR) as reported by the National Association of Realtors® (NAR). This was greatest level seen since the 5.79 million reported in February 2007. Using unadjusted numbers, June residential home sales tallied 583,000. Median price was …Read more