| Existing-Home Sales Decline in Economic Uncertainty |
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WASHINGTON , December 23, 2008 Existing-home sales weakened against a backdrop of an eroding economy, according to the National Association of Realtors®.
Lawrence Yun, NAR chief economist, expected a decline. "The quickly deteriorating conditions in the job market, stock market, and consumer confidence in October and November have knocked down home sales to another level. We hope the home sales impact from the stock market crash turns out to be short-lived, as was the case in 1987 and 2001,” he said. More...
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| Pending Home Sales Holding In Stable Range |
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WASHINGTON, December 09, 2008 Pending home sales eased against a deteriorating economic backdrop but remain in a stable range, according to the National Association of Realtors®. More...
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| Fed Action Creates Best Interest Rates in 50 Years, Realtors® Report |
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WASHINGTON, December 17, 2008 The National Association of Realtors® applauds the actions of the Federal Reserve Board in lowering interest rates for home buyers and homeowners who need to refinance. This will significantly impact housing sales, home valuations, and the nation’s overall economy. More...
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| Selling your Home in the New Year |
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After the hustle and bustle of the holiday season, it’s time to take a step back and look at how you are "selling your house at this slower time of year. More...
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| Making Green Housing Choices |
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Would you like a green home? I'm not talking about a residence painted the shade of a lime. I mean green as in environmentally friendly.
These days, many people consider the environment when making purchases. Just look at the popularity of hybrid vehicles, alternative fuels, locally grown produce, and a host of other products designed to use fewer resources and reduce pollution and waste. You can add housing to the list. More...
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| Some States Sweetening Energy Tax-Savings |
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With the recession under way, consumers find themselves sitting on the sidelines not spending money. WSJ reports that it might be worthwhile for energy-conscious homeowner to take a closer look at the extra tax-savings being sweetened by some states. More
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| What's in your credit report? |
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If you were thinking of loaning someone hundreds of thousands of dollars, you probably would want to know how likely it is that the person asking for the loan could pay you back. That’s why lenders look at information like your employment history, salary and bank-account balances, and, yes, your credit history, too. More...
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Existing Home Sales
(November 2008)
4.49 million units* |
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Existing Home Median Price
(November 2008)
$181,300 |
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Housing Starts
(November 2008)
625,000 units* |
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New Home Sales
(November 2008)
407,000 units* |
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*seasonally adjusted annual rate
Source NATIONAL ASSOCIATION OF REALTORS®. |
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Metropolitan Prices & State Sales |
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| National Home Sales |
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Homes
4,490,000 |
Single Family
4,020,000 |
Condo/Co-op
470,000 |
| vs. last month: |
 -8.6% |
-8.0% |
-13.0% |
| vs. last year: |
-10.6% |
-8.8% |
-23.1% |
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Click Here to view details |
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| National Sales Price of Homes |
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| Regional Home Sales |
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U.S.
4,490,000 |
Northeast
730,000 |
Midwest
1,000,000 |
South
1,640,000 |
West
1,120,000 |
| vs. last month: |
-8.6% |
-12.0% |
-7.4% |
-10.9% |
-4.3% |
| vs. last year: |
-10.6% |
-18.0% |
-16.0% |
-17.6% |
 17.9% |
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Click Here to view details
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| Regional Sales Price of Homes |
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U.S.
$181,300 |
Northeast
$257,700 |
Midwest
$142,400 |
South
$154,500 |
West
$242,500 |
| vs. last year: |
-13.2% |
-0.1% |
-11.2% |
-10.6% |
-25.5% |
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Click Here to view details
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| Regional Single Family Home Sales |
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U.S.
4,020,000 |
Northeast
550,000 |
Midwest
920,000 |
South
1,520,000 |
West
1,030,000 |
| vs. last month: |
-8.0% |
-12.7% |
-6.1% |
-10.1% |
-3.7% |
| vs. last year: |
-8.8% |
-15.4% |
-13.2% |
-17.4% |
19.8% |
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Click Here to view details
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| Regional Sales Price of Single-Family Homes |
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U.S.
$180,800 |
Northeast
$265,900 |
Midwest
$140,100 |
South
$155,100 |
West
$248,200 |
| vs. last year: |
-12.8% |
0.9% |
-10.4% |
-10.0% |
-25.5% |
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Click Here to view details
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| Regional Condo/Co-Op Sales |
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U.S.
470,000 |
Northeast
180,000 |
Midwest
80,000 |
South
120,000 |
West
90,000 |
| vs. last month: |
-13.0% |
-10.0% |
-20.0% |
-20.0% |
-10.0% |
| vs. last year: |
-23.1% |
-25.0% |
-38.0% |
-21.6% |
1.1% |
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Click Here to view details
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| Regional Sales Price of Condo/Co-ops |
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U.S.
$185,400 |
Northeast
$232,600 |
Midwest
$168,600 |
South
$147,400 |
West
$177,100 |
| vs. last year: |
-15.5% |
-4.1% |
-13.0% |
-16.8% |
-30.7% |
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Click Here to view details
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