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Articles Recently Tagged: Existing-Home Sales

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Existing Home Sales and Median Price Continue to Drop

Existing Home Sales and Median Price Continue to Drop

Having ticked down in September, the seasonally adjusted pace of existing-home sales across the U.S. dropped 5.9 percent last month to an annual rate of 4.43 million sales, which was 28.4 percent lower than at the same time last year; well below the pre-pandemic pace of sales; and the... Read More »

Existing Home Sales and Median Price Drop

Existing Home Sales and Median Price Drop

Having slipped in August, the seasonally adjusted pace of existing-home sales across the U.S. ticked down another 1.5 percent in September to an annual rate of 4.71 million sales, which was 23.8 percent lower than at the same time last year; well below the pre-pandemic pace of sales; and... Read More »

Existing Home Sales Down 20 Percent, Median Price Drops

Existing Home Sales Down 20 Percent, Median Price Drops

Having dropped 5.9 percent in July, the seasonally adjusted pace of existing-home sales across the U.S. slipped 0.4 percent in August to an annual rate of 4.80 million sales, which was 19.9 percent lower than at the same time last year; the thirteenth straight month with a year-over-year decline;... Read More »

Decline in U.S. Home Sales Is Accelerating, Median Price Drops

Decline in U.S. Home Sales Is Accelerating, Median Price Drops

Having dropped 5.4 percent in June, the seasonally adjusted pace of existing-home sales across the U.S. dropped another 5.9 percent in July to an annual rate of 4.81 million sales, representing the twelfth straight month with a year-over-year decline in sales; the largest year-over-year decline in sales (20.2 percent)... Read More »

Pace of Existing Home Sales in the U.S. Drops, YOY Decline Grows

Pace of Existing Home Sales in the U.S. Drops, YOY Decline Grows

Having ticked down 3.4 percent in May, the seasonally adjusted pace of existing-home sales across the U.S. dropped another 5.4 percent in June to an annual rate of 5.12 million sales, representing the eleventh straight month with a year-over-year decline in sales, the largest year-over-year decline in sales (14.2... Read More »

Pace of Existing Home Sales in the U.S. Continues to Fall

Pace of Existing Home Sales in the U.S. Continues to Fall

Having dropped 2.4 percent in April, the seasonally adjusted pace of existing-home sales across the U.S. fell another 3.4 percent in May to an annual rate of 5.41 million sales, representing the tenth straight month with a year-over-year decline in sales, the largest year-over-year decline (8.6 percent) since the... Read More »

Purchase Mortgage Activity in the U.S. Keeps Dropping

Mortgage loan application volume across the U.S. ticked down another 3 percent to a 41-month low over the past week, according to data from the Mortgage Bankers Association. Having ticked down another 2 percent, purchase mortgage activity was down 14 percent on a year-over-year basis last week but with... Read More »

Pending Home Sales in the U.S. Are Nearing a Decade Low

Pending Home Sales in the U.S. Are Nearing a Decade Low

Having ticked down 1.2 percent in March, the National Association of Realtors Pending Home Sales Index, a seasonally adjusted index for which 100 denotes “an average level” of activity, dropped another 3.9 percent in April to 99.3, which was 9.1 percent lower than at the same time last year,... Read More »

Pace of Existing Home Sales in the U.S. Nearing a 2-Year Low

Pace of Existing Home Sales in the U.S. Nearing a 2-Year Low

Having ticked down 2.7 percent in March, the seasonally adjusted pace of existing-home sales across the U.S. dropped another 2.4 percent in April to an annual rate of 5.61 million sales, which was down 5.9 percent on a year-over-year basis, the ninth straight month with a year-over-year decline, and... Read More »

Pace of Existing Home Sales Drops Again, Inventory Ticking Up

Having dropped 7.2 percent in February, the seasonally adjusted pace of existing-home sales across the U.S. ticked down another 2.7 percent in March to an annual rate of 5.77 million sales and was down 4.5 percent on a year-over-year basis, according to the National Association of Realtors (NAR) and... Read More »