Home Sales Statistics Archive

Instant Reaction: June Jobs Report

The following is NAR Chief Economist Lawrence Yun’s reaction to this morning’s U.S. Bureau of Labor Statistics (BLS) report on the employment situation in June: “A total of 213,000 net new jobs in June and 2.4 million over the past...

Existing-Home Sales Backpedal in May

Existing-home sales fell back in May for the second straight month; sales fell 0.4 percent to seasonally adjusted annual rate of 5.43 million in May from a downwardly revised 5.45 million in April. Lawrence Yun, NAR chief economist, says a...

Instant Reaction: May Housing Starts

The following is NAR Chief Economist Lawrence Yun’s reaction to this morning’s release from the U.S. Commerce Department on May new home construction: “New home construction activity soared to its highest level in over a decade, which is fantastic...

Instant Reaction: May Jobs Report

The following is NAR Chief Economist Lawrence Yun’s reaction to this morning’s U.S. Bureau of Labor Statistics (BLS) report on the employment situation in May: “Housing demand will be supported by the continuing job gains even as mortgage rates rise....

Pending Home Sales Fall in April, Third Lowest Level Since 2017

After modest increases in February and March, pending home sales dipped in April to their third-lowest level over the past year, according to NAR. The Pending Home Sales Index declined 1.3 percent to 106.4 in April from an upwardly...

WATCH: Realtors® April Housing Minute

Existing-home sales and contract signings both saw modest gains in March, even as low supply and higher mortgage rates continued to affect overall affordability. Visit https://www.nar.realtor/videos/housing-minute to watch a 56-second, animated video from the National Association of Realtors® summarizing...

Pending Home Sales Increase 0.4 Percent in March, Inventory Restraints Remain

The Pending Home Sales Index inched up 0.4 percent to 107.6 in March from a downwardly revised 107.2 in February. Even with last month’s increase in activity, the index declined year-over-year (3.0 percent) for the third straight month. Lawrence Yun,...
April 30, 2018

Instant Reaction: Q1 Homeownership Rate and S&P/Case-Shiller

The following is NAR Chief Economist Lawrence Yun’s reaction to this morning’s S&P/Case-Shiller release on February home prices: “There is no let-up to rising home prices. The Case-Shiller Index and National Association of Realtors® median home price both show gains of...
April 24, 2018

Existing Home Sales Grew Slightly in March; Supply Shortage Continues

After two straight months of declines, existing home sales climbed 1.1 percent in March but it was a familiar story as low inventory and high prices kept sales activity to a level lower than a year ago, according to...
April 23, 2018

WATCH: Realtors® March Housing Minute

Existing-home sales and contract signings both experienced meaningful increases in February despite higher mortgage rates, rising home prices and subpar supply levels in much of the country. Visit https://www.nar.realtor/videos/housing-minute to watch a 60-second, animated video from the National Association...