Tag Archives: Real Estate Trends

Affordability Erosion Grows Continues to Impact Existing Home Sales — Down 2.2 Percent Year-Over-Year, Price Up 4.3 Percent

Existing home sales dropped 2.2 percent in June 2019 compared to a year ago coming in at 5.27 million on a seasonally adjusted annualized rate (SAAR) as reported by the National Association of Realtors® (NAR).  Sales were down 1.7 percent sequentially from May.   Total sales in June (raw, not seasonally adjusted) came in at 527,000, …Read more