Inventory Archive

November 2017 Housing Affordability Index

At the national level, housing affordability is down from last month and down from a year ago. Mortgage rates increased to 4.19 percent this November, up 9.3 percent compared to 3.82 percent a year ago. Housing affordability declined from...

In Which States Did Properties Sell Most Quickly in November 2017?

Amid strong demand and tight supply, REALTORS® reported that properties that sold in November 2017 were typically on the market for 40 days in November 2017, down from 43 days compared to November 2016, according to the  November 2017...

November 2017 Existing-Home Sales

NAR released a summary of existing-home sales data showing that housing market activity this November jumped 5.6 percent from last month and rose 3.8 percent from last year. November’s existing-home sales reached 5.81 million seasonally adjusted annual rate. The...

Foreclosures on the Decline, with Large Inventory in New York, New Jersey, and Florida

Sales of distressed properties accounted for four percent of sales in October 2017, a decline from a peak of about 50 percent in 2009, according to the  October 2017 REALTORS® Confidence Index Survey.  From October 2008-October 2017, NAR estimates...

October 2017 Existing Home Sales

NAR released a summary of existing-home sales data showing that housing market activity this September inclined 2.0 percent from last month but fell modestly 0.9 percent from last year. October’s existing home sales reached 5.48 million seasonally adjusted annual...