seasonality Archive

August 2017 Existing-Home Sales

NAR released a summary of existing-home sales data showing that housing market activity this August slipped 1.7 percent from last month but modestly improved 0.2 percent from last year. August’s existing-home sales reached 5.35 million seasonally adjusted annual rate....

July 2017 Pending Home Sales

NAR released a summary of pending home sales data showing that July’s pending home sales pace is down 0.8 percent from last month and also down 1.3 percent from a year ago. Pending sales represent homes that have a...

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

Amid strong demand and tight supply, REALTORS® reported that  properties that sold in May–July 2017 were typically on the market for less than 31 days in 29 states and in the District of Columbia, according to the July 2017...

Nearly 20 Percent of Sellers Move Out After Leaseback Period

Selling a home and simultaneously purchasing another property can be agitating. Ideally, the seller of the property will also have found another residence by the time the buyer is moving in, but this may not always happen because of...

June 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 4.14 percent this June, up compared to 3.84 percent a year ago. Housing affordability declined from a year...