Tag Archives: Home Prices – Are We There Yet?

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

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

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

New Home Prices by State and Metro — Thanks NAHB

Up until now, while there was a source for median home prices of existing home sales across the metropolitan statistical areas (MSAs) — the National Association of Realtors®, we were flying blind when it came to new home prices. That has all now changed thanks to the National Association of Homebuilders (NAHB) as they have …Read more