Home sales dropped last month, but not because demand was lacking. There are fewer homes for sale than at any time in the last 11 years.
Existing Home Sales Move Higher In October
After a small decline in September, Existing Home Sales rebounded in October, increasing a modest 2.1%.
Home Supplies Drop To Multi-Year Low
The National Association of REALTORS® reports Existing Home Sales at 4.75 million units in September 2012 on a seasonally-adjusted, annualized basis, an 11 percent increase from one year ago.
Existing Home Sales Rise To 4.47 Million
Home resales climbed 2% last month as the housing market continues its slow, steady recovery.
Existing Home Supply Ticks Higher To 6.6 Months Nationwide
Home resales slipped more than 5 percent last month, putting a damper recent housing market enthusiasm.
Existing Home Sales Slip 2% In May
Home resales slipped last month; a temporary setback for the housing market’s recovery.
Existing Home Sales Climb 3.4 Percent In April
Low mortgage rates are helping to make homes more affordable. It appears home buyers have taken notice.
Existing Home Sales Stay Strong; Spring Season Underway
Despite sparse home inventory, the National Association of REALTORS reports that 4.59 million “existing homes” were sold in February on a seasonally-adjusted, annualized basis.
Existing Home Sales Climb To A 20-Month Record
January’s home resales moved to a 20-month high — additional evidence that the nation’s housing recovery is underway.
Existing Home Sales Approach Bull Market Territory
According to data from the National Association of REALTORS®, on a seasonally-adjusted, annualized basis, December’s Existing Home Sales climbed by 120,00 units overall from the month prior on its way to an 11-month high.