Having plummeted nearly 18 percent in April, the seasonally adjusted pace of existing-home sales across the U.S. dropped another 9.7 percent in May to an annual rate of just 3.91 million sales. As such, the current pace of sales is now down 26.6 percent on a year-over-year basis according... Read More »

Having dropped 8.5 percent in March as the impact of COVID-19 started to take hold, the seasonally adjusted pace of existing-home sales across the U.S. plummeted another 17.8 percent in April to an annual rate of 4.33 million sales, which is down 17.2 percent on a year-over-year basis, according... Read More »

Having jumped 6.5 percent in February, prior to the stock market having dropped and the impact of COVID-19 having taken hold, the seasonally adjusted pace of existing-home sales across the U.S. subsequently fell 8.5 percent in March to an annual rate of 5.27 million sales but still managed to... Read More »

Having slipped 1.3 percent in January, the seasonally adjusted pace of existing-home sales across the U.S. jumped 6.5 percent in February to an annual rate of 5.77 million sales, according to the National Association of Realtors. And as such, the pace of sales was running 7.2 percent higher on... Read More »

Having rebounded 3.6 percent in December, the seasonally adjusted pace of existing-home sales across the U.S. slipped 1.3 percent in January to an annual rate of 5.46 million sales, according to the National Association of Realtors.  That being said, the current pace of sales is still 9.6 percent higher... Read More »

While the pace of home sales across the U.S. ended the year up, with contract activity having ticked up 1.2 percent in November, the National Association of Realtors Pending Home Sales Index, a seasonally adjusted index for which 100 denotes “an average level” of activity, suddenly dropped 4.9 percent... Read More »

Having dropped 1.7 percent in November, the seasonally adjusted pace of existing-home sales across the U.S. rebounded 3.6 percent in December to an annual rate of 5.54 million sales, which was 10.8 percent above its mark at the end of 2018, according to the National Association of Realtors. At... Read More »

Having ticked up 1.9 percent in October, the seasonally adjusted pace of existing-home sales across the U.S. retreated 1.7 percent in November to an annual rate of 5.35 million sales, which is still 2.7 percent above its mark at the same time last year, but versus 4.6 percent higher... Read More »

Having dropped 2.2 percent in September, the seasonally adjusted pace of existing-home sales across the U.S. ticked up 1.9 percent in October to an annual rate of 5.46 million sales, which is 4.6 percent above its mark at the same time last year, according to the National Association of... Read More »

Having ticked up 1.3 percent in August, the seasonally adjusted pace of existing-home sales across the U.S. dropped 2.2 percent in September to an annual rate of 5.38 million sales but remains 3.9 percent above its mark at the same time last year, according to the National Association of... Read More »