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...
Read more ...
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...
Read more ...
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...
Read more ...
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.
Read more ...
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.
Read more ...
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...
Read more ...
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.
Read more ...
Search by Tags
Data Retreats Sale Retreat Agents Brokers Industry News Latest News Lead Story National News Premier Teams Existing-Home Sales Feature Home Prices Housing Inventory Home Sales Housing Market Housing recession MLS MLSNewsFeed MLSSpotlight NAR House Ads Housing Transaction Rate Region Real Estate Index Markets & Economy Select Existing-home sales Lawrence yun Indices Retail Retail Business Business Buy Market Marketing EconomyGautam Adani's Rise Was Intertwined With India's. Now It's Unraveling
The tycoon often said the Adani Group's goals were in lock step with India's needs. Now, the company's fortunes are crashing, a collapse whose pain will be felt across the country. Read more ...
Advisory Firm Sues Elon Musk's Twitter, Saying It Hasn't Been Paid
Innisfree M&A says Twitter, which Elon Musk bought last year, has not paid it $1.9 million for services it rendered for the deal. Read more ...
WWE SmackDown Results: Winners And Grades As Sami Zayn Challenges Roman Reigns
SmackDown results with fallout between Roman Reigns and Sami Zayn from Royal Rumble 2023. Read more ...
AAR: January Rail Carloads Increased and Intermodal Decreased Year-over-year
From the Association of American Railroads Rail Time Indicators. Graphs and excerpts reprinted with permission. U.S. rail traffic started January 2023 with both discouraging... Read more ...
Mr. Powell, Drop The Sledgehammer And Start Innovating
Worldwide, we need affordable capital to develop technologies that address our climate crisis, and to meet the demand for housing, food & water as the world population grows... Read more ...
New California oil well ban put on hold for voters to decide
SACRAMENTO, Calif. - California's new law banning new oil and gas wells near homes, schools and other community sites has been put on hold until after voters decide next year... Read more ...
Brazil's Jair Bolsonaro addressed right-wing activists at Trump resort in...
Far-right former Brazilian President Jair Bolsonaro speaks during the Turning Point USA event at the Trump National Doral Miami resort on February 03, 2023 in Doral, Florida... Read more ...
Soon-to-open Ojos Locos offers preview of new look
The rebranded Lucky Club in North Las Vegas has 280 new slot machines, a sports cantina with 90 TVs, a massive bar and a William Hill sportsbook. Read more ...
The green comet and Mars will appear side-by-side next weekend. Spot them...
Comet ZTF, as photographed on January 18, 2023. Dan Bartlett A green comet and Mars will appear side-by-side in the night sky on February 10 and 11. It's a good opportunity to... Read more ...
Girls' flag football is so buzzy that California just made it a high school...
The game's popularity is soaring amid a push to get more female athletes on the field. Read more ...