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The existing-home sales statistic counts all completed sales of non-new-construction homes, including single-family houses, condos, townhouses and co-ops. According to NAR, the number of sales ...
The median existing-home price for all housing types in November was $406,100, an increase of 4.7% from one year ago ($387,800). According to Freddie Mac, the 30-year fixed-rate mortgage averaged ...
Existing home sales rose 4.8% last month, from October, to a seasonally adjusted annual rate of 4.15 million, the National Association of Realtors said Thursday.
WASHINGTON (Reuters) -U.S. existing home sales dropped to a 14-year low in September, weighed down by higher mortgage rates and house prices. The second straight monthly decline in home resales ...
Economists polled by Reuters had forecast new home sales, which account for 15.6% of U.S. home sales, falling to a rate of 700,000 units. New home sales are counted at the signing of a contract.
Because new home sales trigger consumption, they have significant market impact upon release. New home sales also serve as a good indicator of economic turning points due to their consumer income sensitivity. Generally, when economic conditions slow down, new home sales serve as an early indicator of such a depression. [citation needed]
New home sales have outperformed existing home sales so far this year. Properties typically remained on the market for 20 days in July, up from 14 days a year ago.
New home sales jumped 8.8% to a seasonally adjusted annual rate of 693,000 units last month, the highest level since September, the Commerce Department's Census Bureau said. The sales pace for ...
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