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About That Existing Home Sales Report .. EHS Actually Rose By 6% In August

According to the Wall Street Journal, “Sales of previously owned homes fell 0.9% from a month earlier to an annual rate of 5.33 million, the National Association of Realtors said Thursday.” But that figure quoted by the National Association of Realtors (and repeated by the venerable Wall Street Journal) is based on SEASONALLY ADJUSTED sales. Show More Summary

Lawler on August Existing Home Sales

From housing economist Tom Lawler:In a report released this morning, the National Association of Realtors estimated that US existing home sales ran a seasonally adjusted annual rate of 5.33 million, down 0.9% from July’s downwardly revised (to 5.38 million from 5.39 million) pace and up 0.8% from last August’s seasonally adjusted pace. Show More Summary

August existing-home sales at second-lowest pace of 2016

Last month, growing home sales were finally slowed down by tight inventory -- an issue that has been at the forefront of the housing market conversation since the beginning of the year. And, according to the National Association of Realtors' latest existing-home sales report, it seems that slowing home sales will be the name of the game for some time to come...

US home sales dip in August as inventories plummet

Americans bought fewer homes in August, as a worsening inventory shortage appears to be pushing prices higher and sales totals lower. The National Association of Realtors says sales of existing … Click to Continue »

Here come existing home sales ...

The National Association of Realtors will publish its data on existing home sales during August at 10 a.m. ET. Economists forecast that sales of existing condos, co-ops, and single-family homes rose by 1.1% at a seasonally adjusted annual...Show More Summary

NAHB: Builder Confidence increases to 65 in September

The National Association of Home Builders (NAHB) reported the housing market index (HMI) was at 65 in September, up from 59 in August. Any number above 50 indicates that more builders view sales conditions as good than poor.From theShow More Summary

Lawler: Early Read on Existing Home Sales in August

From housing economist Tom Lawler:Based on publicly-available state and local realtor/MLS reports from across the country released through today, I project that existing home sales as estimated by the National Association of Realtors...Show More Summary

The Latest: USTA National Campus in Florida opens in January

Touted by the U.S. Tennis Association as the "future home of American tennis," the USTA National Campus will open in Florida in January        

National Association of Police Organizations tees off on NFL, Kaepernick

The words and actions of 49ers quarterback Colin Kaepernick have caught the attention not only of the police association in the city his team calls home (even if it doesn’t play there anymore) but the national organization of American police unions. For Bill Johnson, executive director of the National Association of Police Organizations, images of

July records second highest reading of pending home sales in a decade

Amid many other signs of upturn in the United States residential property market, the National Association of Realtors (NAR) said Thursday that July recorded the second highest reading of pending home sales in over a decade. The number...Show More Summary

NAR: Pending Home Sales Index increased 1.3% in July, up 1.4% year-over-year

From the NAR: Pending Home Sales Tick Up in JulyPending home sales expanded in most of the country in July and reached their second highest reading in over a decade, according to the National Association of Realtors®. Only the Midwest...Show More Summary

Pending home sales rise more than expected (XHB, ITB)

Pending home sales rose 1.3% in July, according to the National Association of Realtors. Compared to the prior year, sales fell 2.2%. Economists had forecast that pending sales, which measure contract activity and are an indicator of...Show More Summary

Largest US wind project will power 800,000 homes in Iowa

According to the American Wind Energy Association, Iowa ranks second in the nation for wind power with 6,365 megawatts of installed capacity. That's enough wind energy to power 1.6 million homes. Now Iowa is about to add more wind power. Show More Summary

Existing home sales momentum slowed by low inventory in July

Low inventory slowed the momentum of existing homes sales in many parts of the U.S., leading to the lowest rate of transactions year-over-year for the first time since 2015, according to the National Association of Realtors. Total existing-home...Show More Summary

Facing affordability issues, home sales hit a wall in July

For four straight months, home sales have been steadily climbing, according to the National Association of Realtors. In May, existing home sales boasted their highest pace in nine years. But during this time, the dark overhang of tight inventory has never dissipated from the housing market conversation. Show More Summary

Here comes existing home sales...

The National Association of Realtors is expected to release its update on existing home sales at 10 a.m. ET. The measure of previously built homes sold in August is expected to come in at 5.51 million homes sold, a -0.4% change fromShow More Summary

San Francisco affordability reaches just 13 percent of households

The median home price in San Francisco reached $1.375 million in the second quarter, good for six times the U.S. national median of $240,700, according to California Association of Realtors (CAR) data as reported by Paragon Real Estate Group...

Areas hit hardest by the real estate bust are now seeing the highest gains

Home prices in Miami, Las Vegas and parts of Arizona and California are outpacing the national average, according to the National Association of Realtors.

NAR releases Q2 median prices for single-family homes in metros

The National Association of Realtors' Metropolitan Median Area Prices and Affordability Report shows affordability becoming less prevalent compared to last year. Only 16 percent (29 out of 178) of metro statistical areas had a lower median price in the second quarter of 2016 than last year, NAR says...

Lawler: Early Read on Existing Home Sales in July

From housing economist Tom Lawler:Based on publicly-available state and local realtor/MLS reports from across the country released through today, I project that existing home sales as estimated by the National Association of Realtors...Show More Summary

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