Residential Real Estate Archive

October 2016 EHS Over Ten Years

Every month NAR produces existing home sales, median sales prices and inventory figures. The reporting of this data is always based on homes sold the previous month and the data is explained in comparison to the same month a...

First-time Homebuyers: 33 Percent of Residential Sales in October 2016

In the monthly REALTORS® Confidence Index Survey, the National Association of REALTORS® asks members the characteristics of the most recent sale that closed in the reference month, including “Was the buyer a first-time buyer?” The share of first-time home...

Properties Were Typically on the Market for 41 Days in October 2016

In the monthly REALTORS® Confidence Index Survey, the National Association of REALTORS® asks members “For the last house that you closed in the past month, how long was it on the market from listing time to the time the...

Home Buyers: Search Online For A Home, Close With An Agent

We are in a digital age and home buyers use the internet at various stages in their home search process. NAR data from the 2016 Profile of Home Buyers and Sellers shows that the first step in the buying...
December 2, 2016

October Pending Home Sales

NAR released a summary of pending home sales data showing that October’s pending home sales are up 0.1 percent from last month and also up 1.8 percent from a year ago. Pending sales are homes that have a signed...