Home sales rose for the 11th consecutive month according to the National Association of REALTORS® Existing Home Sales Report for January.
Existing Homes For Sale At Lowest Point In 11 Years
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.
More Bullish Data : Housing Starts Climb 3.6%
According to a joint release from the U.S. Census Bureau and the Department of Housing and Urban Development, Housing Starts rose 3.6% in October 2012, climbing to a seasonally-adjusted, annualized rate of 894,000 units.
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 Leap To 2-Year High
According to the National Association of REALTORS®, 4.82 million “existing homes” sold on a seasonally-adjusted, annualized basis in August, representing a near 8 percent improvement from the month prior and a nine percent jump from August 2011.
What’s Ahead For Mortgage Rates This Week : September 17, 2012
Mortgage markets improved last week as the Federal Reserve introduced new economic stimulus.
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.