Home Sales Archive

How Many Home Sales Will be Affected by a NFIP Lapse?

The National Flood Insurance Program (NFIP) must be periodically reauthorized by Congress in order to continue issuing or renewing flood insurance policies.  In 2010, multiple lapses in program authority brought uncertainty and caused major issues for homeowners in neighborhoods...

October 2017 Pending Home Sales

NAR released a summary of pending home sales data showing that October’s pending home sales pace was up 3.5 percent last month and down slightly 0.6 percent from a year ago. Pending sales represent homes that have a signed...

July 2017 Existing Home Sales

NAR released a summary of existing-home sales data showing that housing market activity this July fell 1.3 percent from last month but improved 2.1 percent from last year. July’s existing home sales reached 5.44 million seasonally adjusted annual rate....

Will Falling Auto Sales Lead to Falling Home Sales?

Americans have been cutting back on vehicle purchases in 2017 after having reached a 17.8 million annualized pace in the fourth quarter of last year. The purchases were running 4% and 6% lower in first and second quarter of...

Home Sales for May 2017: Raw Count

Simple raw counts of home sales are often more meaningful than the seasonally adjusted figures.  The raw count determines income and helps better assess how busy the market has been. Existing home sales increased 1.1 percent in May from...