Having dipped during the holiday week, the overall inventory of properties currently listed for sale in San Francisco (488) is relatively unchanged from two weeks ago (487) but is running 13 percent lower on a year-over-year basis, driven by a slowdown in new listings for previously-owned condos. The number... Read More »
The National Association of Realtors Pending Home Sales Index ticked up 0.9 percent in May from a downward revised level of 111.6 in April. The index, for which 100 denotes an average level of activity, is at its highest point since April 2006 (at which point it measured 113.7)... Read More »
The inventory of listed homes for sale in San Francisco ticked down around 3 percent over the past few weeks and is currently running 8 percent lower on a year-over-year basis, driven in part by an early slowdown in new listing activity moving into the summer season and a... Read More »
The seasonally adjusted pace of new single-family home sales in the U.S. gained 2.2 percent in May to annual rate of 546,000 sales. The current pace is 19.5 percent higher than at the same time last year (versus 26.1 percent higher on a year-over-year basis in April) but remains... Read More »
The standing inventory of listed homes for sale in San Francisco ticked up 20 percent over the past two months as is typical for this time of the year. That being said, inventory is currently running 4 percent lower on a year-over-year basis, down from 8 percent higher two... Read More »
The National Association of Realtors Pending Home Sales Index ticked up to 112.4 in April, up 3.4 percent from an upwardly revised 108.7 in March. The index, for which 100 denotes an average level of activity, is at its highest level since May of 2006 (at which point it... Read More »
Having dropped 11.4 percent in March, the seasonally adjusted pace of new single-family home sales in the U.S. gained 6.8 percent in April. New home sales in the U.S. are now running at an annual pace of 517,000. The current pace is 26.1 percent higher than at the same... Read More »
The National Association of Realtors Pending Home Sales Index ticked up to 108.6 in March, up 1.1 percent from an upwardly revised 107.4 in February. The index, for which 100 denotes an average level of activity, is at its highest level since June 2013 (at which point it measured... Read More »
Having jumped an estimated 7.8 percent in February, the seasonally adjusted pace of new single-family home sales in the U.S. reversed course and dropped 11.4 percent in March. New home sales in the U.S. are now running at an annual pace of 481,000, which is 19.4 percent higher than... Read More »
The National Association of Realtors Pending Home Sales Index rose 3.1 percent from a revised 103.7 in January to 106.9 in February. The index, for which 100 denotes an average level of activity, is at its highest level since June 2013 (at which point it measured 109.4) and is currently... Read More »
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