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August 2016 Existing-Home Sales

NAR released a summary of existing-home sales data showing that housing market activity slowed for the second month in a row. August’s existing-home sales slid to the 5.33 million seasonally adjusted annual rate and existing-home sales are modestly up...

July 2016 Housing Affordability Index

At the national level, housing affordability is up from a year ago for the first time since February of 2015 when it improved 2.0 percent. Mortgage rates are 3.77 this July, which is the lowest rate since June 2013...

July Pending Home Sales

NAR released a summary of pending home sales data showing that July’s pending home sales are up 1.3 percent bouncing back from last month and also improved 1.4 percent from a year ago. Pending sales are homes that have...

July 2016 Existing-Home Sales

NAR released a summary of existing-home sales data showing that housing market activity had its first year over year decline since November 2015. July’s existing-home sales slipped to the 5.39 million seasonally adjusted annual rate and existing-home sales are...

June 2016 Housing Affordability Index

At the national level, housing affordability is down from a year ago as home price growth distresses affordability. Inventory levels are low and are putting pressure on home prices despite another month of declining mortgage rates. Housing affordability declined...