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The U.S. Census Bureau and the U.S. Department of Housing and Urban Development issued their monthly joint report on August new house sales on Thursday. Like statistics on the sales of existing homes issued earlier in the week by the National Association of Realtors (NAR), sales were off significantly...
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The National Association of Realtors has backpedaled on previous housing forecasts with it U.S. Economic Outlook report for June released on Wednesday. NAR has consistently asserted that the housing bubble would not burst but rather would deflate and, when it happened, there would be a soft landing ...
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According to figures released on Thursday by the Department of Housing and Urban Development and the U.S. Census Bureau, new house sales in April showed the first improvement of the year, and a substantial one at that. Last December new house sales were at a seasonally adjusted annualized rate of 1,019...
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The two most closely watched monthly housing reports came out this week and served only to muddy the real estate waters even further. On Tuesday the National Association of Realtors issued its report on existing home sales for the month of March. It wasn't pretty. Total existing-home sales, including...
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Reports on January sales of both new and existing houses were released this week. Conclusions were, to say the least, mixed. The National Association of Realtors report on the sales of existing home in January stated that those sales had hit the highest level in seven months, increasing to a seasonally...
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Existing-home sales had a rough 2006 fourth quarter according to figures released Thursday by the National Association of Realtors. Total existing-home sales including single-family houses, condos, townhouses, and coops were at a seasonally adjusted annual rate of 6.24 million units during the quarter...
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Is it the end of the end of the housing bubble ? The National Association of Realtors (NAR) seemed to think so as it issued its November report on the sales of existing houses, the second month in a row when sales showed slight improvement over the previous month. New home sales also showed signs of...
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As usual, fresh on the heels of the National Association of Realtors monthly report on the status of existing home sales , the U.S. Census Bureau and the U.S. Department of Housing and Urban Development have released their joint monthly report on the sales of new homes for the month of October 2006....
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Accentuate the positive. Gild the lily. Lots of cliches come to mind after reading the third quarter summary of existing home sales released on Monday by the National Association of Realtors. While the statistics showed that sales of previously owned homes and condos were down 12.7 percent from the third...
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New home prices took a heck of a hit in September according to information released by the U.S. Census Bureau and the U.S. Department of Housing and Urban Development on Thursday. This disquieting news came hard on the heels of a National Association of Realtors survey released on Wednesday that showed...
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Buyers have been hoping for it and sellers have been dreading it but home prices have apparently started a long-expected decline while existing home sales continued their five month slide. On the price front the change is not dramatic, at least not yet. The monthly survey conducted by the National Association...
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The National Association of Realtors issued its monthly report on sales of existing houses on Wednesday, August 23 and one would think they were reviewing the DVD of "Chicken Little." The networks didn't necessarily lead with the story but it was up there in coverage with the general tone being "Hi,...
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T'was the best of times, t'was the worst of times. It all depends on who you ask and when you ask them. Two more housing surveys were released this week with very contrary results and it seems ever more clear that the housing market is either going to take a long while to sort itself out and decide which...
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The National Association of Realtors, in a statement released on Tuesday, said that housing sales and prices in 2006 will remain strong but will not achieve the record levels of 2005. Sales of existing homes are expect to drop to 6.74 million this year, a decline of 4.7 percent from the record high 7...
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The National Association of Realtors (NAR) has issued its report for both December existing home sales and for the entire last year. Total sales for the year, including single-family houses, townhouses, condos, and co-ops totaled 7,072,000 units. This was 4.2 percent higher than the 6,784,000 recorded...