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Housing Wire
MARCH 23, 2023
New home sales continued to rise in February, jumping 1.1% from January to a seasonally adjusted annual pace of 640,000 homes, according to data published on Thursday by the U.S. On a year-over-year basis, however, new home sales are still down 19.0%. The uptick in the sales pace in February resulted in a 0.7%
Housing Wire
APRIL 24, 2023
Housing demand and home prices have proved to be more resilient than expected in the first quarter of the year, but home sales will remain subdued largely due to the rate lock-in effect , according to Fannie Mae ‘s forecast. Still, Fannie Mae expects new home sales to hold up comparatively well relative to existing homes.
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Housing Wire
JANUARY 27, 2023
Pending home sales ended 2022 on a positive note. After six consecutive months of declines, the Pending Home Sales Index rose 2.5% This recent low point in home sales activity is likely over,” Lawrence Yun, NAR’s chief economist, said in a statement. month over month in December to a reading of 76.9,
Housing Wire
MARCH 21, 2023
After 12 months of declines , existing home sales rebounded in February, climbing 14.5% million homes, according to a report from the National Association of Realtors (NAR) released Tuesday. However, existing home sales were still down 22.6% months of supply at the current sales pace. year over year.
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Housing Wire
MAY 21, 2021
According to the National Association of Realtors, existing home sales for April’s housing market came in at 5,8500,000. This was a miss from estimates and the third straight month of declines in sales. This sales trend looks very normal to me. HousingWire Magazine delivered to your home or office.
Housing Wire
JUNE 22, 2021
Existing home sales fell for the fourth consecutive month in May, down.9% According to the NAR, despite existing home sales falling, activity is slowly approaching pre-pandemic levels. The low amount of existing homes left on the market continued to experience overheated prices from consistent competition.
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