Home Sales Statistics Archive
Instant Reaction: July Housing Starts
Below is NAR Chief Economist Lawrence Yun’s reaction to this morning’s U.S. Commerce report on July housing starts: “The housing shortage in America will intensify if new construction remains as lackluster as it was in July. The softening multifamily housing starts...
August 16, 2017
WATCH: July Housing Minute
Homes continued to sell quickly in June, but the lean inventory levels in many markets caused existing-home sales to shift downward. The news was better for pending home sales, as contract activity increased last month for the first...
July 31, 2017
Instant Reaction: Q2 Homeownership Rate
The following is NAR Chief Economist Lawrence Yun’s reaction to this morning’s U.S. Census Bureau report on the homeownership rate in the second quarter: “The homeownership rate rose by a decimal point to 63.7% over the quarter, but there...
July 27, 2017
An Early Summer Cooldown for Housing
The 1.8 percent decline in existing-home sales in June should come as no surprise if you closely follow NAR’s Pending Home Sales Index, which have declined for three straight months. Activity has been weaker lately because prospective buyers continue...
July 24, 2017
Instant Reaction: June Housing Starts
Below is NAR Chief Economist Lawrence Yun’s reaction to this morning’s U.S. Commerce report of a June rebound in housing starts: “Though a recovery in housing starts in June is welcome news, more consistent gains are needed to help...
July 19, 2017
Taking America’s Pulse on Homeownership
We can all agree that the American Dream of homeownership is a sentiment that Americans have held for generations. It is to no surprise that the vast majority of people see owning a home as the best way to...
July 14, 2017
Bringing the Heat: the MLB All-Star Game and Miami’s Housing Market
Baseball’s best stars gather at Marlins Park in Miami tonight for the 88th MLB All-Star Game. Similar to the heat coming out of pitchers’ hands and off the bats of the game’s best hitters, Miami’s housing market is hot right now....
July 11, 2017
Introducing Housing Minute
Before you all venture off to celebrate the Fourth of July weekend, take a look at our new monthly video series, Housing Minute. Housing Minute uses animated video to highlight in under one minute the most important housing data...
June 30, 2017
Low Inventory Is Pushing Prices Up and Days on Market Down
Existing-homes rebounded nicely in May as more buyers navigated the headwinds of weaker affordability and limited listings in the affordable price range. It’s very evident that supply this spring severely lags demand in many parts of the country. It’s...
June 21, 2017
Highlights from Lawrence Yun’s #NAREE17 Housing Forecast Presentation
The economic and housing forecast panel at the annual National Association of Real Estate Editors (NAREE) spring conference is always one of the most interesting and engaging sessions during the week. This year’s session in Denver did not disappoint....
June 16, 2017