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Existing home sales including single-family houses, townhouses, condos, and co-ops posted a decline in September according to data released today by the National Association of Realtors ® . Sales of all property types were down 3.0 percent on a seasonally adjusted basis to an annual rate of 4.91 million in September from an upwardly revised (from 5.03 million) figure of 5.06 in August. Despite the drop, sales were still well above the 4.41 million annual pace in September 2010 when the market...

The National Association of Realtors today released Existing Home Sales data for May 2011. Existing Home Sales declined by 3.8 percent to a seasonally adjusted annual rate of 4.81 million in May from a negatively revised 5.00 million pace in April. This is 15.3 percent below the 5.68 million annual pace reported last May (*when sales were surging to beat the deadline for the home buyer tax credit). All regions saw annual contractions in both the pace of home sales and median prices. And while total...

The National Association of Realtors today released Existing Home Sales data for March 2011 Existing Home Sales report on the number of completed real estate sales transactions on single-family homes, townhomes, condominiums and co-ops. The methodology in calculating existing-home sales statistics is really quite simple. Each month the National Association of Realtor® receives data on existing-home sales from local associations/boards and multiple listing services (MLS) nationwide. The monthly...

The National Association of Realtors today released Existing Home Sales data for January 2011 Existing Home Sales report on the number of completed real estate sales transactions on single-family homes, townhomes, condominiums and co-ops. The methodology in calculating existing-home sales statistics is really quite simple. Each month the National Association of Realtor® receives data on existing-home sales from local associations/boards and multiple listing services (MLS) nationwide. The monthly...

Following two months of gains, Existing Home Sales Decline in October, casting doubt on the notion that the previous two months of gains constituted the infancy of a sales recovery. ...

RTRS-US SEPT EXISTING HOME SALES 4.53 MLN UNIT ANNUAL RATE (CONS 4.30 MLN) VS AUG 4.12 MLN (PRV 4.13 MLN). SEPT EXISTING HOME SALES +10.0 PCT (CONS +4.0 PCT) VS AUG +7.3 PCT (PREV +7.6 PCT). SEPT INVENTORY OF HOMES FOR SALE -1.9 PCT TO 4.040 MLN UNITS, 10.7 MONTHS' SUPPLY. SEPT NATIONAL MEDIAN PRICE FOR EXISTING HOMES $171,700, -2.4 PCT FROM SEPT 2009. NAR SAYS 35 PCT OF U.S. SEPT EXISTING HOME SALES WERE DISTRESSED SALES VERSUS 34 PCT IN AUG ...

Nothing has changed since last year, the tax credit just covered up structural weakness at the core of housing demand. ...

Sales of new single-family houses in March 2010 were at a seasonally adjusted annual rate of 411,000. This is 26.9 percent (±21.1%) above the revised February rate of 324,000 and is 23.8 percent (±18.7%) above the March 2009 estimate of 332,000. This was expected as the homebuyer tax credit is expiring at the end of the month. ...