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National market update
Pending Home Sales Edge Up in November
WASHINGTON (December 30, 2013) – Pending home sales stabilized in November with a slight gain, according to the National Association of Realtors®. Monthly increases in the South and West offset declines in the Northeast and Midwest.
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December Existing-Home Sales Rise, 2013 Strongest in Seven Years
WASHINGTON (January 23, 2014) – Existing-home sales edged up in December, sales for all of 2013 were the highest since 2006, and median prices maintained strong growth, according to the National Association of Realtors®.
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National housing indicators
Existing home sales ()
4.87*
Existing home median price ()
$197,100
Housing Starts ()
999000*
New home sales ()
474000*
*Seasonally adjusted annual rate. Source: NATIONAL ASSOCIATION OF REALTORS®.
National economic indicators
Home ownership
3rd Qtr 2012
65.5%
3rd Qtr 2013
65.3%
The homeownership rate in the third quarter 2013 was 65.3 percent, down 0.2 (+/- 0.4)* percentage points from the third quarter 2012 rate of 65.5 percent. The homeownership rates in the Northeast, Midwest, South, and West were not statistically different from the rates a year ago.
New home sales
October 2013
+17.6%
November 2013
-2.1%
Sales of new single-family houses in November 2013 were at a seasonally adjusted annual rate of 464,000. This is 2.1 percent (+/- 21.3%)* below the revised October 2013 estimate of 474,000.
Source: U.S. CENSUS BUREAU
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Regional market updates
View market statistics for your region.
Click on the links below to view data from two different industry sources. Choose information on local prices & state sales from any of 178 metropolitan housing markets prepared by the National Association of REALTORS® or information on sales & price activity from local area markets in 25 states prepared by Clarus MarketMetrics.
Local Prices & State Sales
KATHERINE BODDEKER
Disclaimer: The views, opinions, statements and/or ideas expressed in this Message Section do not reflect the ideas, policy, position, views or opinion of Move,Inc.
Consumer tips & hot properties
Neighborhood or House? How to Set Your Priorities
In a perfect world, every buyer could afford the house of their dreams in a neighborhood they adore. In reality, most buyers need to compromise on something when they buy a home, particularly their first home.
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Rent-to-Own Agreement Can Benefit Buyer and Seller
Prospective homebuyers sometimes find themselves in the position of being emotionally ready to buy their first home but not quite financially prepared.
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5 Resolutions for First-Time Home Buyers
If you’ve promised yourself you’ll become a homeowner for the first time in 2014, we’ve got five, easy-to-accomplish resolutions to help get you there.
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Do You Buy or Sell First When You’re Ready to Move?
Homeowners who decide they’re ready to become move-up buyers face a chicken-or-egg dilemma: Should they sell their current home first and then buy another, or buy a new one and then sell?
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Pros and Cons of Living Within a Homeowners Association
Ask two different homeowners what they think about living in a community with a homeowners association and you may see one of them scowl and another one smile.
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Existing Home Statistics
View statistics based on national data, regional data and data gathered from 159 cities & metropolitan areas.
National Statistics
Statistics by City or Metropolitan Area
Regional Statistics
Source: NATIONAL ASSOCIATION OF REALTORS®.