Tag Archives: NAR Report

Existing Home Sales in June 2018 Like a Slow Leaking Tire — Hard to Notice the Difference But the Dash Warning Light Just Illuminated

Existing home sale slipped 2.2 percent in June 2018 versus a year ago to 5.38 million sales on a seasonally adjusted annualized basis (SAAR) according to National Association of Realtors® (NAR).  Sales dipped 0.6 percent sequentially from May on a SAAR.  From an unadjusted basis, housing sales in the first six months totaled 2.631 million, …Read more

Year-To-Date Existing Home Sales Down 0.65 Percent, Seasonally Adjusted Homes Sales Off 1.4 percent Year-Over-Year in April 2018

Tight inventories of listings for sale and rising residential mortgage interest rates slightly deflected existing home sales in April 2018 as reported by the National Association of Realtors®.   Actual sales in April 2018 of 460,000 compared to 447,000 a year ago were up 2.9 percent, but sales year-to-date dipped 0.65 percent.  From a seasonally adjusted …Read more

March 2018 Existing Home Sales Down 1.2 Percent Vs a Year Ago — Median Price Up 5.8 Percent to $250,400 Driven By Minimal Inventory and Strong Demand

Existing home sales came in at  5.60 million dwelling units on a seasonally adjusted annualized rate (SAAR) in March 2018, down 1.2 percent versus a year ago but up 1.1 percent sequentially compared to February 2018, according to the National Association of Realtors® (NAR).   On a raw unadjusted basis, sales totaled 434,000 in March 2018 …Read more

Existing Home Sales Ratcheted Up 1.1 Percent Vs a Year Ago in February 2018, Reversing a Miss in January — Despite Shrinking Inventory

Sales of existing homes ratcheted up 1.1 percent in February 2018 compared to a year ago, hitting a seasonally adjusted annualized sales rate (SAAR) of 5.54 million homes according to the National Association of Realtors® (NAR).  On a raw unadjusted basis, home sales of 319,000 in February 2018 were up from 315,000 a year ago, …Read more

Existing Home Sales Hit Highest Annualized Rate in almost 11 years in November 2017 – Median Price Up 5.8 Percent

Existing home sales posted a seasonally adjusted annualized rate (SAAR) of 5.81 million dwelling units in November 2017, up 3.8 percent versus a year ago and the most seen since December 2006, according to the National Association of Realtors® (NAR).   Median price of $247,000 (not seasonally adjusted), posted a 5.8 percent gain versus a year …Read more