Existing Home Sales Archive

The Widening Gap between New and Existing Home Prices

The price of newly constructed homes refuses to budge downwards.  After hitting the cyclical low of $204,000 in October of 2010, the typical transaction price of new homes has been around $220,000.  In July, the median sold price of...

Lapses Of The National Flood Insurance Program Jeopardize Home Sales

The National Flood Insurance Program (NFIP) is essential to successfully completing half a million home sales annually. When NFIP lapsed from May 31 to July 2 in 2010, the REALTORS® Confidence Index showed 6 percent of REALTORS® had at...

Economic Indicators: Weekly Update for June 24, 2011

Every week the Research staff analyzes key data releases and explain what they mean for you and your business. In this update, we give the highlights of the most important data releases for the week of June 20-June 24,...

The New Homes vs Existing Homes Markets

The housing market has been providing mixed messages lately.  Relatively good news is spouted by the media one day, followed by bad news the next.  From home prices and mortgage default rates to home sales and housing starts, housing-related...

International Existing Homes Sales Approached $82 Billion During 2010/11

NAR’s 2011 Profile of International Home Buying Activity reports that the total U.S. Existing Home Sales market was approximately $1.07 Trillion in the 12 months ending in March 2011, with sales of approximately $41 Billion to international clients. In...