Existing Home Sales Archive

Impact to Everyday Consumers and REALTORS® from Revised Existing Home Sales

The following is an excerpt from broader questions and answers related to the NAR re-benchmarking of existing home sales. To address the questions we have received related to the NAR upcoming sales data revision, here are two pertinent questions related...

Q&A on Re-Benchmarking of Home Sales

NAR takes its role as a leading source for housing information very seriously, and toward that end, NAR research will announce results of a year-long re-benchmarking process for existing-home sales on Wednesday, December 21. Here are some answers to...

3rd Quarter Local Market Reports: Home Sales

Home sales plummeted in July of 2010 following the end of the Federal tax credit and remained weak through the end of that summer. Sales improved in the fall of 2010 and have remained steady through 2011. Consequently, sales...

Lowest Inventory in Six Years

The total homes listed for sale continue to move downward.  The latest decline in October to 3.33 million was partly seasonal, as autumn and winter months nearly always have fewer listings in comparison with spring and summer months.  Still,...

Foot Traffic: Long Island Board of REALTORS®

Foot traffic and future home sales have a strong correlation. SentriLock, LLC. provides NAR Research with monthly data on the number of showings. Since April, foot traffic has been much stronger in the area covered by the Long Island...