existing home price Archive

November 2014 Existing Home Sales

NAR released a summary of existing home sales data showing that November’s existing home sales dipped from last month to the weakest sales pace in the last six months. November’s sales declined 6.1% from October but were slightly up,...

Home Price Comparison: New versus Existing

Newly constructed homes are carrying a hefty premium over existing homes.  The gap, which historically had been 15 to 20 percent, has in recent years widened to 30 to 40 percent.  That suggests either existing home prices are much...

October 2014 EHS Data Vs. The Ten-Year October Average

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

August 2014 EHS Data Vs. The Ten-Year August Average

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

A Deeper Dive Into Last Week’s Existing Home Sales Release

Last week, NAR released a summary of existing home sales data showing that August’s existing home sales declined despite having the second fastest sales pace of the year. August marks the first dip after four consecutive months of increased...