June 2017 Existing-Home Sales

June 2017 Existing-Home Sales

• NAR released a summary of existing-home sales data showing that housing market activity this June fell 1.8 percent from last month but improved 0.7 percent from last year. June’s existing home sales reached the 5.52 million seasonally adjusted annual rate. • The...
May 2017 Housing Affordability Index

May 2017 Housing Affordability Index

At the national level, housing affordability is down from last month and down from a year ago. Mortgage rates increased to 4.01 percent this May, up compared to 3.83 percent a year ago. Housing affordability declined from a year ago in May moving the index down 5.4...
A Look at Pending Home Sales Numbers for May

A Look at Pending Home Sales Numbers for May

NAR released a summary of pending home sales data showing that May’s pending home sales pace is down 0.8 percent from last month and down 1.7 percent from a year ago. Pending sales are homes that have a signed contract to purchase on them but have yet to close. They...
Growth of Property Values

Growth of Property Values

Developing wealth is a hot topic in today’s economy. Some individuals have come to realize one efficient means of developing wealth is through home ownership and real estate. One way to determine this would be looking at the property values over time and monitoring...
May 2017 Existing-Home Sales

May 2017 Existing-Home Sales

NAR released a summary of existing-home sales data showing that housing market activity this May rose modestly 1.1 percent from last month and improved 2.7 percent from last year. May’s existing home sales reached the 5.62 million seasonally adjusted annual rate.  The...