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Apr 25, 2017 U.S. Home Sales Jump 4.4 Percent in MarchAccording to the National Association of Realtors, existing-home sales took off in March 2017 to their highest pace in over 10 years, and severe supply shortages resulted in the typical home coming off the market significantly faster than in February and a year ago. Only the West saw a decline in sales activity in March.
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The spring home-buying market was off to a strong start in March as buyers closed on the highest number of existing homes in a decade. And that’s despite the lack of residences on the market. Sales of existing homes (that is, ones that have previously been lived in) hit about 5.71 million last month, according to
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According to the National Association of Realtors, pending home sales rebounded sharply in February to their highest level in nearly a year and second-highest level in over a decade. All major regions saw a notable hike in contract activity last month. The Pending Home Sales Index, a forward-looking indicator based on contract signings, jumped 5.5
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The full-year cash sales share for 2016 was 32.1 percent According to CoreLogic, cash sales accounted for 33.1 percent of total U.S. home sales in December 2016, down 1.3 percentage points year over year from December 2015. For the full-year 2016, the cash sales share was 32.1 percent, 2.2 percentage points below the full-year 2015
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Feb 25, 2017 New Home Sales in U.S. Spike 6.1 Percent in FebruaryAccording to the U.S. Department of Housing and Urban Development and the U.S. Census Bureau, sales of newly built, single-family homes continued to expand, rising 6.1 percent in February to a seasonally adjusted annual rate of 592,000 units. “February’s increase in new home sales is consistent with builders’ growing confidence in the housing market,” said
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Jul 10, 2015 When Home Sellers Stay on as TenantsWhen Rosemarie Roussel sold her one-bedroom co-op in Midtown Manhattan in late 2015, she also lined up a great deal on her next home: the same apartment. Mrs. Roussel, 82, a retired fashion designer, sold her roughly 675-square-foot unit in October 2015 to her next-door neighbors for $585,000—$36,000 above asking price, plus a special request.
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