NAR: Buyer traffic up 29% from a year ago

U.S. Existing Home Sales Fall to Slowest Pace Since Late 2015. – U.S. Existing Home Sales Fall to Slowest Pace Since Late 2015 The median sales price rises 2.8% from a year ago, the smallest increase since February 2012.

On a year-over-year basis, sales were 1.8% lower than a year ago. Meanwhile, the first-time buyer share increased to 32% in February from 29% last month and a year ago. The February inventory increased to 1.63 million units from 1.59 million units in January, and was up from 1.58 million units compared to a year ago.

Existing-home sales slide to a 3-year low as housing market stumbles – From Andrea Riquier: The numbers: Existing-home sales ran at a seasonally adjusted annual rate of 4.99 million in December, the National Association of Realtors. year ago. No regions saw an.

The percentage of home buyers who could afford to purchase a median-priced, existing single-family home in California in second-quarter 2017 fell to 29 percent, down from 32 percent in the first quarter of 2017 and down from 31 percent in the second quarter a year ago, according to C.A.R.’s traditional housing affordability index (hai).

However, first-time home buyers only made up 29% of the January sales market. A healthy figure is considered by the NAR to be 40%. And the average price of a house was $158,800, down 3.7% on a.

In the housing market, home sales are a leading indicator as to where prices will head. The priciest county in Southern California is Orange County and it has now faced the worst start of a year since the Great Recession ended. Sales are low. Extremely low. We have more people in the county.

The National Association of REALTORS does research on a wide range of topics of interest to real estate practitioners, including market data, commercial, international, home buying and selling, NAR member information, and technology. Use the data they contain to improve your business through knowledge of the latest trends and statistics.

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Existing home sales, which make up about 90 percent of U.S. home sales, plunged 10.3 percent from a year ago. For all of 2018. conditions now and over the next six months, as well buyer traffic..

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