existing home price Archive

May 2015 Housing Affordability Index

At the national level, housing affordability is down from a year ago and for the month of May as fewer previously owned homes are available and prices continue to grow at an unhealthy pace relative to incomes, and lower...

The Canadian Existing Home Buyer

Over the 12 months ended March 2015, Canadians purchased U.S. properties at an estimated $11.2 billion in total value, a decrease from last year’s level of $13.8 billion, based on information from NAR’s 2015 Profile of Home Buying Activity of International...

May Existing-Home Sales

NAR released a summary of existing-home sales data showing that May’s existing-home sales increased year over year for the 8th consecutive month, as sales reach the 5.35 million seasonal annual adjusted rate. May’s sales are the highest pace since...

Latest Consumer Price Inflation (April 2015)

There is no inflation.  The Federal Reserve can therefore relax and not hurry in raising rates.  However, housing costs continue to rise above the comfort level. Specifically, the Consumer Price Index declined 0.1 percent in April over the past...

March Existing Home Sales

NAR released a summary of existing home sales data showing that March’s existing home sales rose from last month and a year ago, as better weather and release of pent up demand helped to close homes. March’s sales are...