Home Sales Statistics Archive
Instant Reaction: September Housing Starts
The following is NAR Chief Economist Lawrence Yun’s reaction to this morning’s U.S. Commerce Department release on September housing starts: “The one month fall in new home construction, especially in the South region in light of Hurricane recovery, is...
October 18, 2017
NAR 2017 Home Sales Forecast Downgraded
Blame supply and affordability headwinds and Hurricane Harvey damage in Houston for August’s 2.6 percent decline in pending home sales. In the video below, I chat with NAR Chief Economist Lawrence Yun about why sales have stalled in recent...
September 27, 2017
The Road to the Big Game: Where 52 Shows Up in Real Estate
Football fans around the country will be gathering in front of a TV this week to catch their favorite team in action for the first time this season. To celebrate the start of the journey to Super Bowl LII,...
September 7, 2017
An Animated Recap of July Housing Activity
Existing-home sales and contract signings both stumbled in July as stubbornly low levels hampered the housing market and kept home prices rising at a robust pace. Visit https://www.nar.realtor/videos/housing-minute to watch a 53-second, animated video from the National Association of...
August 31, 2017
Inventory Crunch Stalls Sales in July
It came very apparent when looking at NAR’s Pending Home Sales Index that tight inventory conditions were weighing down on contract activity this spring and early summer. The three month decline in pending sales from March to May has now...
August 24, 2017
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