Tag Archives: sales

Housing Is Missing 700K in Sales

A drop in single-family home sales – both new-homes and existing-homes – over the past few years equates to a real estate market that is at least 700,000 shy in annual home sales,...

Luxury Market Takes Larger Chunk of Sales

The share of home sales in the $200,000-and-below price range is down 9 percent from a year ago, while those above $200,000 have increased 10 percent in the same time period, according...

New-Home Sales Surge to 6-Year High

Sales of new single-family homes soared 18 percent in August, as greater confidence in the recovery swept across the housing industry, despite news that homebuilding tumbled 14...

Home Sales Struggle, but Improvement Seen

Two years into the economic recovery, residential home sales are struggling. But because of demographic and other trends, long-term growth prospects remain good, NAR Chief Economist...

Tight Credit Continues to Plague New-Home Sales

Sales of newly built single-family homes plunged 14.5 percent in March, dipping to the lowest level in eight months and marking another sign of a sluggish start to the spring-selling...

No Spring Slowdown for New-Home Sales?

Single-family new-home sales surged in January to a five-and-a-half-year high, giving the industry new hope that the new-home sector isn’t heading for a slowdown this spring...

New-Home Sales Drop in November

Sales of new single-family homes dropped 2.1 percent in November, according to the Commerce Department’s latest new-home sales report, which was released Tuesday. New-home sales...

Falling New-Home Sales Spark Worry

Dropping sales volumes in new-home construction has home builders worried about a possibly dismal spring looming in 2014. “There’s some nervousness about the spring selling...

Fannie Targeted for Pitfalls in Short Sales

The Office of Inspector General is recommending more oversight of Fannie Mae’s short-sale approvals after discovering flaws in the mortgage giant’s process. OIG says in a...

New-Home Sales Up, Pending Sales Lag

Sales of new single-family homes bounced back in August, helping to offset a large decrease in July after borrowers pulled back from higher mortgage rates, according to the U.S....