Data

Existing Home Sales Dropped 1.5% in December

14 days ago   |   By RIS Media

Existing-home sales retreated for the eleventh consecutive month in December, according to the National Association of REALTORS®' recent existing home sales report. NAR's latest data on existing homes found that total existing-home sales decreased 1.5% to 4.02 million, and YoY sales were down 34% from the 6.09 million last year. Three of the four...
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NAR: Existing-Home Sales Decreased to 4.02 million SAAR in December

NAR: Existing-Home Sales Decreased to 4.02 million SAAR in December

14 days ago   |   By Calculated Risk

From the NAR: Existing-Home Sales Receded 1.5% in December
Existing-home sales retreated for the eleventh consecutive month in December, according to the National Association of Realtors®. Three of the four major U.S. regions recorded month-over-month drops, while sales in the West were unchanged. All regions experienced year-over-year declines.
Total existing-home sales, completed transactions that include single-family homes, townhomes, condominiums and co-ops - decreased 1.5% from November to a seasonally adjusted annual rate of 4.02 million in December. Year-over-year, sales sagged...
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NAR: Existing-Home Sales Decreased to 4.02 million SAAR in December; Median Prices Down 11.3% from Peak in June 2022

NAR: Existing-Home Sales Decreased to 4.02 million SAAR in December; Median Prices Down 11.3% from Peak in June 2022

14 days ago   |   By Calculated Risk

Today, in the CalculatedRisk Real Estate Newsletter: NAR: Existing-Home Sales Decreased to 4.02 million SAAR in December
Excerpt: On prices, the NAR reported : The median existing-home price for all housing types in December was $366,900, an increase of 2.3% from December 2021 , as prices rose in all regions. This marks 130 consecutive months of year-over-year increases, the longest-running streak on record. Median prices are distorted by the mix (repeat sales indexes like Case-Shiller and FHFA are probably better for measuring prices).
The YoY change in the median price peaked at 25.2% in...
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Existing-home sales dip for 11th month, but NAR sees light ahead

14 days ago   |   By Inman

Existing-home sales fell 1.5 percent nationally between November and December while plunging 34 percent from December 2021, according to data released Friday by the National Association of Realtors.
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Retail Sales Slowed As 2022 Ended. What Does That Mean For 2023?

14 days ago   |   By Forbes

The NRF narrowly missed its Holiday 2022 forecast. Despite 5.3% year-over-year retail growth, the Census Bureau also reported retail spending declined in November and December from previous month. This may a leading indicator of things to come in 2023.
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December US home sales fall, capping nearly 18% drop in 2022

14 days ago   |   By Chron

LOS ANGELES - Sales of previously occupied U.S. homes slumped nearly 18% in 2022, the slowest year for the housing market in nearly a decade.
The National Association of Realtors said Friday that existing home sales totaled 5.03 million last year, a 17.8% decline from 2021. That marks the weakest year for home sales since 2014 and the biggest annual decline since 2008, following the foreclosure crisis of the late 2000s.
Even so, the median national home price for all of last year jumped 10.2% to $386,300, the NAR said.
Mortgage rates more than doubled in 2022, climbing to a two-decade high...
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Existing home sales fell for the 11th consecutive month in December

14 days ago   |   By CNBC

Home sales have fallen for 11 consecutive months as mortgage rates weigh on the market.
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