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Second Quarter Single Family Metro Market Prices

The National Association of REALTORS® quarterly home prices increased again this quarter. Prices continue to drift up this quarter with 90% of the markets showing home price appreciation. We can also look at the top metro areas whose price...

June 2018 Pending Home Sales

NAR released a summary of pending home sales data showing that June’s pending home sales pace was up 0.9 percent last month but fell 2.5 percent from a year ago. Pending sales represent homes that have a signed contract...

June 2018 Existing-Home Sales

NAR released a summary of existing-home sales data showing that housing market activity this June fell for the third straight month down 0.6 percent from last month, and dropped 2.2 percent from last year. June’s existing-home sales reached 5.38...

A Ten-Year Analysis of the May 2018 Existing-Home Sales Figures

Every month NAR produces existing-home sales, median sales prices and inventory figures. The data is released with a one-month lag (so the May data is released in June) and is reported on a seasonally adjusted annualized rate. We also...

May 2018 Housing Affordability Index

At the national level, housing affordability is down from last month and down from a year ago. Mortgage rates rose to 4.71 percent this May, up 17.5 percent compared to 4.01 percent a year ago. Housing affordability declined from...