Existing Home Sales nationwide fell to 4.67 million units on a seasonally-adjusted annualized basis last month. It’s the fourth straight month below the 5 million mark, and the report’s lowest reading since November 2010. [...]
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According to Census Bureau data, the number of new homes slid 1 percent from May. On a seasonally-adjusted, annualized basis, home buyers bought 312,000 newly-built homes last month. [...] Home resales slipped for the 3rd straight month, according to data from the National Association of REALTORS®. Sales volume is at an eight-month low. [...] In its monthly New Home Sales release, the U.S. Department of Commerce showed a 13 percent drop-off in annualized new construction sales between the months of December and January. It’s the biggest one-month drop in New Home Sales since May 2010. [...] Home resales rose another 2.7 percent last month, according to the National Association of REALTORS® monthly Existing Home Sales report. [...] According to the National Association of REALTORS®, seasonally-adjusted, annualized Existing Home Sales figures climbed by more than a half-million units in December as compared to November. It’s the 3rd straight month of home resale improvement nationwide. [...] Like most housing data from November, the most recent New Home Sales report showed sales volume increasing last month, and home supplies falling. [...] Existing Home Sales rose in March, as expected. U.S. homebuyers closed on 7 percent more homes as compared to February. [...] |
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