Existing-home sales in the U.S. reached their highest pace of the year last month, increasing 2.4 percent to a seasonally adjusted annual pace of 5.15 million sales in July. That being said, on a year-over-year basis, the pace of existing-home sales dropped from 2.6 percent lower in June to... Read More »

The seasonally adjusted pace of existing-home sales in the U.S. increased 2.6 percent from May to June and reached an annual pace of 5 million sales for the first time since October 2013. That being said, the pace of existing-home sales remains 2.6 percent lower on a year-over-year basis while... Read More »

The seasonally adjusted pace of existing-home sales in the U.S. increased 4.9 percent from April to May, the highest monthly gain in over three years. That being said, the pace of sales remains 5.0 percent lower on a year-over-year basis and inventory is higher by 6.0 percent. The pace... Read More »

The seasonally adjusted pace of existing-home sales in the U.S. increased 1.3 percent from March to April, the first increase in 2014. That being said, the pace of sales remains 6.8 percent lower on a year-over-year basis while inventory is running 6.0 percent higher, year-over-year. The pace of existing-home... Read More »

While the number of homes on the market in the US is now 9.5 percent higher on a year-over-year basis, and “the weather” is no longer a remotely credible excuse, existing-home sales slipped again in March and are now running 7.5 percent lower year-over-year, the slowest pace of sales... Read More »