Existing Home Sales Archive

August 2017 Pending Home Sales

NAR released a summary of pending home sales data showing that August’s pending home sales pace is down 2.6 percent from last month and also down 2.6 percent from a year ago. Pending sales represent homes that have a...

August 2017 Existing-Home Sales

NAR released a summary of existing-home sales data showing that housing market activity this August slipped 1.7 percent from last month but modestly improved 0.2 percent from last year. August’s existing-home sales reached 5.35 million seasonally adjusted annual rate....

Raw Count of Home Sales (July 2017)

Existing-home sales dropped 1.3 percent in July from one month prior while new home sales declined 9.4 percent.  These headline figures are seasonally adjusted figures and are reported in the news.  However, for everyday practitioners, simple raw counts of...

July 2017 Pending Home Sales

NAR released a summary of pending home sales data showing that July’s pending home sales pace is down 0.8 percent from last month and also down 1.3 percent from a year ago. Pending sales represent homes that have a...

Foot Traffic Picks Up

A week ago we introduced a new measure of foot traffic, the foot traffic volume index. This week we provide an update on the August trend in traffic. Foot traffic rose on a seasonally adjusted basis for the second...