Exact(3)
These issues react to any number of indicators, including new home sales, existing home sales, mortgage rates, refinancing numbers and what builders say about themselves.
--Plummeting homExisting(Existing home sales fell 7.2% last month, while existing home sales tumbled 11.2% to a record low).
We calculated the historical relationship between abnormal weather (temperature and precipitation) and month-over-month changes in five types of housing activity (construction starts, construction permits, new home sales, existing home sales, and pending home sales) in each of the four regions (Northeast, Midwest, South, and West). 1.
Similar(52)
The Case-Shiller numbers lag by a month the reports on numbers of new-home sales and existing home sales, both of which are already out for August.
June's sales of existing homes slipped, but sales of new homes continued to rise.
THE National Association of Realtors has posted the latest data on existing home sales:Existing-home sales, which are completed transactions that include single-family, townhomes, condominiums and co-ops, were at a seasonally adjusted annual rate of 5.66 million units in May, down 2.2 percent from an upwardly revised surge of 5.79 million units in April.
Nationally, new home sales are down 17% from a year ago, and sales of existing homes have slumped 12%.
In fact, October sales of existing homes sank by one-fifth, with sales of make-believe homes faring little better.
Sales of new homes fell slightly in May but sales of existing homes perked up by 2.4%.
According to the National Association of Realtors, sales of existing homes will decline 7percentt next year, and new-home sales will fall 10.4percentt.
Sales of new homes unexpectedly fell by 3.6% in September but sales of existing homes surged by 9.4%.
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