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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...

May 2018 Pending Home Sales

NAR released a summary of pending home sales data showing that May’s pending home sales pace was down 0.5 percent last month and fell 2.2 percent from a year ago. Pending sales represent homes that have a signed contract...

May 2018 Existing-Home Sales

NAR released a summary of existing-home sales data showing that housing market activity this May fell 0.4 percent from last month and dropped 3.0 percent from last year. May’s existing-home sales reached 5.43 million seasonally adjusted annual rate. The...