Home Sales Archive

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...

Raw Count of Home Sales (August 2016)

Existing home sales dropped 0.9 percent in August from one month prior while new home sales slipped 7.6 percent.  These headline figures are seasonally adjusted figures and are reported in the news.  However, for everyday practitioners, simple raw counts...

July Pending Home Sales

NAR released a summary of pending home sales data showing that July’s pending home sales are up 1.3 percent bouncing back from last month and also improved 1.4 percent from a year ago. Pending sales are homes that have...

64 Percent of Contracts are Settled on Time

In a monthly REALTORS® Confidence Index Survey, NAR asks REALTORS®: “In the past 3 months, think of your most recent sales contract that either went into settlement or terminated. Please explain how the deal concluded.”. Among contracts during the...