Tag Archives: Median Home Prices

New Home Sales February 2019 — Up 4.9 Percent Sequentially from January but Essentially Flat Vs a Year Ago

New single family residential (SFR) home sales of 667,000 on seasonally adjusted annualized rate (SAAR) in February far exceeded analyst expectations and were up 4.9 percent sequentially from January, but essentially unchanged from a year ago (up 0.6 percent). There were an estimated 318,000 new homes available for sale at the end of February 2019 …Read more

2019-2020 Forecast Housing Sales & Median Prices

Change is inevitable and constantly occurring.  While the speed of change varies, change goes on – another Axiom (truth) regarding the U.S. economy and demand for real estate. Each month, Fannie Mae, Freddie Mac and the Mortgage Bankers Association update and revise their forecasts for new and existing housing sales and median prices, with Fannie …Read more

Existing Home Sales in February 2019 Up Sequentially from January by 11.8 Percent, But Were Down 1.8 Percent from a Year Ago on A Seasonally Adjusted Annualized Basis

Existing home sales jumped 11.8 percent from January 2019 to February 2019 on a seasonally adjusted annualized rate, the largest one-month gain seen since December 2015.  Sales rose to 5.51 million on a seasonally adjusted annualized basis (SAAR) according to National Association of Realtors® (NAR).  February sales, however,  were off 1.8 percent on a year-over-year …Read more

Existing Home Sales October 2018 — Down 5.1% Year-Over-Year on a Seasonally Adjusted Basis, But Up 1.4% Sequentially from September

Existing home sales gained some daylight in October 2018 versus the prior month, increasing 1.4 percent to 5.22 million on a seasonally adjusted annualized basis (SAAR) according to National Association of Realtors® (NAR).  October sales, however,  were off 5.1 percent on a year-over-year comparison.    On an unadjusted basis, housing sales in the first 10 …Read more

Another Top-10 List — Best Big Cities to Live In Today 2018

There is no shortage of the best places to live lists, with each yielding a differing set of winners – with the outcome dependent on the inclusion and exclusion criteria, metrics and relative weightings.   A Best Cities to Live Stewart Blog was last included in September 2018 which can be found at http://blog.stewart.com/stewart/2018/09/25/another-top-10-list-best-places-to-live-in-america-2018/ The latest …Read more

The Leaking Tire of Existing Home Sales Continues and Slows the Speed of the Market (Though Still Highly Drivable) — Down 2.09 Percent Vs a Year Ago — Median Price Up 4.2 Percent

Existing home sales dropped for the fourth month in a row, down percent 4.1 percent in September 2018 versus a year ago to 5.15 million on a seasonally adjusted annualized basis (SAAR) according to National Association of Realtors® (NAR).  Sales were down from August 3.4 percent (SAAR).  On an unadjusted basis, housing sales in the …Read more