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U.S. home sales up in December, down for year
The National Association of Realtors said Friday that sales of existing homes rose 2.4 percent last month to a seasonally adjusted annual rate of 5.04 million. But over the course of the entire year, sales fell 3.1 percent to 4.93 million.
Realities of Real Estate: Big picture on real estate
Like politics, all real estate is local. As a result, we frequently stay pretty close to home in our coverage of housing.
Home resales drop to nine-month low in September, down 5.6% from August
WASHINGTON — The number of Americans who signed contracts to buy existing homes fell in September to the lowest level in nine months. The decline reflects higher mortgage rates and home prices that have made purchases more costly. The National Association of Realtors said Monday that its seasonally adjusted pending home sales index dropped 5.6 […]
Existing home sales drop in September, slowing hot summer pace
WASHINGTON — Americans bought fewer existing homes in September than the previous month, held back by higher mortgage rates and rising prices. The National Association of Realtors said Monday that sales of resold homes fell 1.9 percent last month to a seasonally adjusted annual rate of 5.29 million. That’s down from a pace of 5.39 […]
Pending home sales fall for 3rd straight month
WASHINGTON — Fewer Americans signed contracts to buy U.S. homes in August, the third straight decline. The drop could mean that higher mortgage rates are starting to deter some buyers. The National Association of Realtors said Thursday that its seasonally adjusted index for pending home sales declined 1.6 percent to 107.7 last month. The index […]
Home sales hit 5.4M in July, highest since ’09
WASHINGTON — For the first time since 2009, previously occupied U.S. homes are selling at a pace associated with a healthy market. Sales jumped 6.5 percent in July to a seasonally adjusted annual rate of 5.4 million, the National Association of Realtors said Wednesday. Over the past 12 months, sales have surged 17.2 percent. The […]
Pending sales of homes slip from 6-year high
WASHINGTON — The number of Americans who signed contracts to buy homes dipped in June from a six-year high in May, a sign that sales could stabilize over the next few months. The National Association of Realtors said Monday that its seasonally adjusted index for pending home sales ticked down 0.4 percent to 110.9 in […]
Home sales dip but remain near 3½-year high
WASHINGTON — U.S. sales of previously occupied homes slipped in June to a seasonally adjusted annual rate of 5.08 million but remain near a 3½-year high. The National Association of Realtors said Monday that sales fell 1.2 percent last month from an annual rate of 5.14 million in May. The NAR revised down May’s sales, […]
U.S. 30-year mortgage rate at 2-year high: 4.46 pct.
WASHINGTON — The average U.S. rate on a 30-year fixed mortgage surged this week to 4.46 percent, the highest in two years. The increase from a 3.93 percent average last week was the largest one-week jump in 26 years, according to a report Thursday from mortgage buyer Freddie Mac. And it shows the Federal Reserve’s […]
U.S. home re-sales surpass 5 million in May
WASHINGTON — U.S. sales of previously occupied homes surpassed the 5 million mark in May, the first time that’s happened in 3 ½ years. The gain shows the housing recovery is strengthening. The National Association of Realtors said Thursday that home re-sales rose 4.2 percent in May to a seasonally adjusted annual rate of 5.18 […]
Home sales tick up to highest in 3 ½ years
WASHINGTON — Sales of previously occupied U.S. homes ticked up last month to the highest level in three and a half years, helped by a jump in the number of houses for sale. The National Association of Realtors said Wednesday that sales rose to a seasonally adjusted annual rate of 4.97 million, up from 4.94 […]
Pending home sales reach 3-year high in March
WASHINGTON — The number of Americans who signed contracts to buy homes rose in March to the highest level in three years, pointing to higher sales this spring. The National Association of Realtors said Monday that its seasonally adjusted index for pending home sales rose 1.5 percent to 105.7. That’s the highest since April 2010, […]
