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Articles Recently Tagged: Medians

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Pace of Existing Home Sales in the U.S. Drops

Pace of Existing Home Sales in the U.S. Drops

Having ticked up in July, the seasonally adjusted pace of existing-home sales across the U.S. dropped 2.0 percent in August to an annual rate of 5.88 million sales and was down 1.5 percent on a year-over-year basis, representing the first year-over-year decline in the pace of sales since July... Read More »

Pace of Existing-Home Sales Ticks Up, Median Price Slips

Pace of Existing-Home Sales Ticks Up, Median Price Slips

The seasonally adjusted pace of existing-home sales across the U.S. ticked up 2.0 percent last month to an annual rate of 5.99 million sales, which was 1.5 percent higher than at the same time last year, according to data from the National Association of Realtors, but 12.6 percent lower... Read More »

Pace of New Home Sales Drops, Inventory Hits a 14-Month High

Pace of New Home Sales Drops, Inventory Hits a 14-Month High

Despite inventory levels having ticked up to a 14-month high, the seasonally adjusted pace of new single-family home sales in the U.S. dropped 5.9 percent last month to an annualized rate of 769,000 sales, which is slowest pace in a year and down 22.6 percent since the start of... Read More »

Pace of Existing Home Sales Drops to an 11-Month Low

Pace of Existing Home Sales Drops to an 11-Month Low

Having slipped another 0.9 percent in May, the seasonally adjusted pace of existing-home sales across the U.S. has dropped to an annual rate of 5.80 million sales, which was 44.6 percent higher than in May of 2020, when pandemic-driven stay home orders were still widespread, but down 15.3 percent... Read More »

Pace of New Home Sales Drops, Inventory Hits a 12-Month High

Pace of New Home Sales Drops, Inventory Hits a 12-Month High

While up nearly 50 percent on a year-over-year basis from its pandemic low, the seasonally adjusted pace of new single-family home sales in the U.S. has dropped 13 percent since the start of the year, including a 5.9 percent drop last month, to an annualized rate of 863,000 sales.... Read More »

Home Sales in the U.S. Continue to Drop, Inventory Ticks Up

Home Sales in the U.S. Continue to Drop, Inventory Ticks Up

Having dropped to a 6-month low in March, the seasonally adjusted pace of existing-home sales across the U.S. dropped another 2.7 percent in April to an annual rate of 5.85 million sales, which was 33.9 percent higher than in April of 2020, when pandemic-driven stay home orders were widespread,... Read More »

Pace of Home Sales in the U.S. Drops to a 6-Month Low

Pace of Home Sales in the U.S. Drops to a 6-Month Low

Having dropped 6.6 percent in February, the seasonally adjusted pace of existing-home sales across the U.S. dropped another 3.7 percent in March to an annual rate of 6.01 million sales, which is 12.3 percent higher than at the same time last year, when pandemic-driven stay home orders were widespread,... Read More »

Pace of Home Sales in the U.S. Inches Up, Inventory Drops

Pace of Home Sales in the U.S. Inches Up, Inventory Drops

The seasonally adjusted pace of existing-home sales across the U.S. inched up a revised 0.6 percent in January to an annual rate of 6.69 million sales, which is 23.7 percent higher than at the same time last year, according to the National Association of Realtors. At the same time,... Read More »

A “Once in a Lifetime Opportunity,” Take Two/Three

A “Once in a Lifetime Opportunity,” Take Two/Three

As we outlined last year, the roughly 6,000-square-foot home at 22 Toledo Court, which sits on nearly an acre of land “in the heart of Lafayette’s sought–after Happy Valley,” was designed by Alan Page and features “elite craftsmanship, state-of-the-art technology, elegant lines and quality finishes throughout,” with an infinity-edge... Read More »

Pace of New Home Sales in the U.S. Is Trending Up

Having ended last year on an upward trajectory, the pace of new single-family home sales in the U.S. gained another 7.9 percent in January to a seasonally adjusted annual rate of 764,000 sales and is now running 18.6 percent higher than at the same time last year. At the... Read More »