Existing Home Sales for November

Posted by on December 28, 2010

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Existing Home Sales Up 5.6 Percent Sequentially in November Compared to October, But Down 27.9 Percent From November 2009 — Price Essentially Flat

Sales have returned to the level that existed prior to the $8,000 homebuyer tax credit.  Prices remain flat.  See complete NAR press release below the graphs.
 
My current forecast is for 4.905 million existing home sales next year.

 Existing-Home Sales Resume Uptrend with Stable Prices- realtor.org

 

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