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National market update
October Pending Home Sales Down Again, but Expected to Level Out
WASHINGTON (November 25, 2013) – Although conditions were mixed across the country, pending home sales continued to move lower in October, marking the fifth consecutive monthly decline, according to the National Association of Realtors®. Read more
October Existing-Home Sales Cool but Low Inventory Drives Prices
Existing-home sales declined for the second consecutive month in October, while constrained inventory means home prices continue to see double-digit year-over-year gains, according to the National Association of Realtors®. Read more
National housing indicators
Existing home sales ()
5.12*
Existing home median price ()
$199,500
Housing Starts ()
891200*
New home sales ()
421000*
*Seasonally adjusted annual rate. Source: NATIONAL ASSOCIATION OF REALTORS®.
National economic indicators
Home ownership
3rd Qtr 13
65.3%
3rd Qtr 12
65.5%
The homeownership rate in the third quarter 2013 was 65.3 percent, down 0.2 (+/- 0.4)* percentage points from the third quarter 2012 rate of 65.5 percent. The homeownership rates in the Northeast, Midwest, South, and West were not statistically different from the rates a year ago.
New home sales
July 2013
-14.1%
August 2013
+7.9%
Sales of new single-family houses in August 2013 were at a seasonally adjusted annual rate of 421,000. This is 7.9 percent (+/- 14.6%)* above the revised July 2013 estimate of 390,000.
Source: U.S. CENSUS BUREAU
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Regional market updates
View market statistics for your region.
Click on the links below to view data from two different industry sources. Choose information on local prices & state sales from any of 178 metropolitan housing markets prepared by the National Association of REALTORS® or information on sales & price activity from local area markets in 25 states prepared by Clarus MarketMetrics.
Local Prices & State Sales
Jessica McCreary
See older entriesDisclaimer: The views, opinions, statements and/or ideas expressed in this Message Section do not reflect the ideas, policy, position, views or opinion of Move,Inc.
Consumer tips & hot properties
How to Choose the Right Home
For first-time buyers and repeat buyers alike, the decision to make an offer on a home is both exciting and a little scary. If your offer is accepted, the place you’ve chosen will be your home for the next several years.
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5 Biggest Moving Day Mistakes
Between the hectic schedules and heavy lifting, it’s no wonder so many people hate moving. And while you can’t completely eliminate stress (or back pain) on moving day, you can make sure you don’t turn a stressful event into a disaster.
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How to Buy a Home in Foreclosure or a Short Sale?
Question: Why does foreclosure take so long? My husband is interested in pursuing a [home in] foreclosure in the Jacksonville, Fla., area…. We’re from New York and have to buy something quickly and … need to know what process we can expect and how long it will take.
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Are You Ready to Buy a Home?
While it may be acceptable to snap up a pair of shoes on an impulse, buying a home requires thoughtful planning and decision making.
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Detroit, Santa Barbara, Reno Lead Housing Markets’ Rebound
Housing markets in Detroit, Santa Barbara, Calif. and Reno, Nev. led the the nation in recovery in the third quarter of this year, as nationwide inventories of homes for sale shrunk and median list prices rose, according to the latest analysis from realtor.com.
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Existing Home Statistics
View statistics based on national data, regional data and data gathered from 159 cities & metropolitan areas.
National Statistics
Statistics by City or Metropolitan Area
Regional Statistics
Source: NATIONAL ASSOCIATION OF REALTORS®.