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National market update
Existing-Home Sales Slide 1.3 Percent in July
WASHINGTON (August 24, 2017) – Listings in July typically went under contract in under 30 days for the fourth consecutive month because of high buyer demand, but existing-home sales ultimately pulled back as large declines in the Northeast and Midwest outweighed sales increases in the South and West, according to the National Association of Realtors®.
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These 5 Landscape Design Trends for Fall Are Catching Fire
Sorry, sun worshippers. It's that time of year again, when the flames of those barbecues and bonfires start to die down for good, the shorts go back into deep storage, and the summer vacations come grinding to an end.
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National housing indicators
Existing home sales (July)
5.44 millions units*
Existing home median price (July)
$258,300
Housing Starts (July)
1.155 millions units*
New home sales (June)
0.571 millions units*
*Seasonally adjusted annual rate. Source: NATIONAL ASSOCIATION OF REALTORS®.
National economic indicators
Home ownership
2nd Quarter 2017
63.7%
1st Quarter 2017
63.6%
The homeownership rate of 63.7 percent was 0.8 percentage points higher than the rate in the second quarter 2016 (62.9 percent) and not statistically different from the rate in the first quarter 2017 (63.6 percent).
New home sales
June 2017
+0.8%
July 2017
-9.4%
Sales of new single-family houses in July 2017 were at a seasonally adjusted annual rate of 571,000, according to estimates released jointly today by the U.S. Census Bureau and the Department of Housing and Urban Development. This is 9.4 percent (±12.9 percent)* below the revised June rate of 630,000 and is 8.9 percent (±15.4 percent)* below the July 2016 estimate of 627,000.
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
Maureen Donohue Conway
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
Forever Homes: The 10 Best Cities in America to Age in Place
These metros serve up excitement and opportunities that you’ll enjoy from middle age throughout your golden years.
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The Bargain Hunter’s Guide to Buying a Home: 7 Ways to Get the Best Deal
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4 Smart Strategies to Pay Off Your Mortgage Fast (Without Going Broke)
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6 Shortcuts to Sell Your Home in Record Time
No one wants their home to sit on the market for months with no offers. Follow these tips to entice buyers and get your house sold fast.
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9 Ingenious Tricks to Make Your Bathroom Look Expensive
It’s now easier than ever to fake the fancy for a fraction of the cost of a complete bathroom renovation. Check out our expert tips for making your loo look expensive, without flushing away your money.
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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®.