Housing markets show continued strength as the National Association of Realtors reported that sales of existing homes reached their second highest level since February 2007. Sales of pre-owned homes increased by 4.70 percent and reached 5.55 million sales on a seasonally adjusted annual basis against analyst expectations of 5.34 million sales and Augustâs reading of 5.30 million sales of previously owned homes.
National Association of REALTORS – Sales of Pre-Owned Homes Dip
September 23, 2015 by
Sales of previously owned homes dropped in August by 4.80 percent on an annual basis for the first time in four months; the dip was likely caused by rising home prices. August sales were reported at a rate of 5.31 million; July’s rate was 5.58 million sales of previously owned homes.
What’s Ahead For Mortgage Rates This Week – April 27, 2015
April 27, 2015 by
Last week’s housing related reports included the FHFA Home Price Index, the National Association of Realtors Existing Home Sales report and The Commerce Department’s report on new home sales. Results were mixed, but suggest that housing markets are strengthening.
What’s Ahead For Mortgage Rates This Week – March 30, 2015
March 30, 2015 by
Last week’s economic reports included reports on new and existing home sales and FHFA’s monthly home price index for properties associated with Fannie Mae and Freddie Mac mortgages. The details:
What’s Ahead For Mortgage Rates This Week – October 27, 2014
October 27, 2014 by
Last week’s economic news included a few developments connected with housing and mortgage industries. While no economic reports were released on Monday, the rest of the week provided good news for existing home sales, home prices and mortgage rates.
