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...
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 ...
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...
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...
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...
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...
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...
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...
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...