Currently viewing the category: "Existing Home Sales"

Home resales rose another 2.7 percent last month, according to the National Association of REALTORS® monthly Existing Home Sales report.

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According to the National Association of REALTORS®, seasonally-adjusted, annualized Existing Home Sales figures climbed by more than a half-million units in December as compared to November. It’s the 3rd straight month of home resale improvement nationwide.

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Existing Home Sales jumped another 6 percent in November, the report’s third month of improvement since bottoming in July.

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It’s encouraging that first-time and investment property buyers were both outnumbered by “move-up” buyers in October; buyers that have sold their respective homes in favor of larger ones.

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“Deals” were in ample supply this summer and eager home buyers snatched them up.

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Sales of existing homes in recovered in August, perhaps the result of a post-tax credit normalization.

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The number of home resales plunged by 1.4 million units in July. Home buyers may uncover opportunities for a deal.

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Existing Home Sales rose in March, as expected. U.S. homebuyers closed on 7 percent more homes as compared to February.

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As expected, the February Home Sales figure dipped relative to January. It’s four straight months of lower month-over-month totals. However, it’s actually pointing towards rising values.

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After a big drop of 17% December, the January Existing Home Sales report yielded a 7% slide. An “existing home” is a home not being resold by a previous owner. It essentially excluded only new construction.

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