Existing home sales rebound in July

Total existing-home sales, including single-family homes, townhomes, condominiums and co-ops, rose 2.5% from April to a seasonally adjusted annual rate of 5.34 million in May, the National Association of Realtors reported. Total sales are down 1.1% from a year ago (5.40 million in May 2018), however.

Existing-home sales, which are completed transactions that include single-family, townhomes, condominiums and co-ops, increased 7.6 percent to a seasonally adjusted annual rate of 4.13 million in.

NAHB compiles annual, quarterly and monthly (not seasonally adjusted) data for new and existing homes. This includes regional sales, nationwide sales and inventory, and median prices.. Additional information is also available in the U.S. Census Bureau’s most recent press release and the methodology of its data compilation.

Existing home sales bounced back by 7.6% in August after plunging in the previous month, according to a real estate industry report released Thursday.

However, Yun also said he expects these markets to rebound in 2018. The annual rate of existing home sales in the South was down 5.7 percent from July and 0.9 percent from August 2016 to 2.15 million..

Existing home sales fall, but up 11% from last year Canadian Real Estate Sales Fell Over 11% In 2018. canadian real estate sales made a substantial decline last year. crea preliminary numbers show 458,442 sales in 2018, an 11.1% decline from 2017. Last year’s number is also 2.1% lower than median number of the 10 years prior. worth noting that these numbers are CREA’s preliminary numbers.

Total inventory reported by NAR – homes listed for sale on multiple listing services across the country – did increase 1.3% in July to roughly 2.4 million properties. This represented a 6.4.

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A potential home buyer arrives to an open house in Seattle, Washington. The numbers: Existing-home sales were at a 5.34 million seasonally adjusted annual pace in May, the National Association of.

The National Association of Realtors said on Tuesday existing home sales declined 6.4 percent to a seasonally. A survey last week showed a rebound in homebuilders confidence in January amid.

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Existing-home sales in the South rose 1.8% to an annual rate of 2.32 million in May, or 1.3% higher than one year ago. The median price in the South was up 3.6% from a year ago to $241,400.

New-Home Sales Rebound in July.. The National Association of Realtors said last week that sales of existing homes rose 2 percent last month to a seasonally adjusted annual rate of 5.59 million.