home prices Archive

Inside the Release: Dissecting Where Sales Were the Strongest in March

What goes down must go up, right? That was the case in March as existing-home sales rebounded strongly (5.1 percent) following February’s surprisingly large decline. Diving into the numbers, while all four major regions saw increases, buyers in the...

Today’s Opening Day Matchups in Home Prices

No matter what the calendar says or how warm it is outside, spring doesn’t officially begin until Major League Baseball’s (MLB) regular season gets underway. That’s today. For many sports enthusiasts, MLB’s Opening Day rivals up there as one...

In Which Direction Will Sales Swing This Spring?

Is today’s solid report on February contract signings a harbinger of a strong spring for the housing market? It could be. Pending home sales rose solidly last month (3.5%) to the highest index reading since last July (109.8). The decent...

Behind February’s Meaningful Sales Decline

Existing-home sales disappointed last month, declining 7.1 percent with considerable decreases in all four major regions of the country. Despite last month’s fall, sales were still up 2.2 percent from February 2015. However, as Lawrence Yun, NAR chief economist,...

March Madness in Home Prices

The passionate aura of school spirit and rambunctious crowds that flock to arenas across the country during NCAA March Madness make any college graduate reminisce about the days of campus life. Unfortunately, time machines aren’t real to bring you...

Play Ball…and Move to Florida or Arizona?

It’s official! Major League Baseball’s (MLB) appropriately named Grapefruit and Cactus League’s begin their spring training schedule today. While it’s not regular season baseball, consider this month’s slate of exhibition games in Florida and Arizona to be the bread...

Inside the Release: January Existing-Home Sales in Charts

In the face of global economic uncertainty and rockiness in the stock market, existing-home sales nudged forward (0.4 percent) in January to the highest annual rate (5.47 million) since last July (5.48 million) as buyers for the most part were able...
February 23, 2016

Inside the Release: December Existing-Home Sales in Charts

What a difference a month makes. After dropping to the slowest pace since April 2014 (4.76 million), existing-home sales in December rebounded substantially, posting the best monthly increase (14.7%) of all time. Why the volatility? The delayed closings from the rollout of...

NAR’s 2016 Housing Forecast: Slower Pace of Sales Amidst Rising Prices and Rates, Slower Economic Growth

There’s no question the first full week of 2016 has been a wild one. Slowing economic growth overseas (particularly China) and volatility in the global markets impacted the U.S. stock market and stoked fears of a slowdown in our...

LISTEN: Lawrence Yun Talks Housing Inventory, Prices (WSJ)

Earlier this morning, NAR chief economist Lawrence Yun chatted with The Wall Street Journal’s John Wordock about the headline figures for October existing-home sales. During the six-minute podcast interview, Yun discusses the current state of the market, including his...
November 23, 2015