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National market update
Existing-Home Sales Up in June, Unsold Inventory Shows Continued Progress
WASHINGTON (July 22, 2014) – Existing-home sales increased in June and reached an annual pace of 5 million sales for the first time since October 2013, while rising inventory continues to push overall supply towards a more balanced market, according to the National Association of Realtors®.
International Home Buyers Continue to Invest in Profitable U.S. Market, Realtors® Report
WASHINGTON (July 8, 2014) – Favorable exchange rates, affordable home prices and rising affluence abroad continue to drive international buyers to the U.S. to purchase properties and make real estate investments.
National housing indicators
Existing home sales ()
5.04 million units* *
Existing home median price ()
Housing Starts ()
New home sales ()
*Seasonally adjusted annual rate. Source: NATIONAL ASSOCIATION OF REALTORS®.
National economic indicators
2nd Qtr 2013
2nd Qtr 2014
The homeownership rate in the second quarter 2014 was 64.7 percent, down 0.3 (+/- 0.4)* percentage points from the second quarter 2013 rate of 65.0 percent. The homeownership rates in the Northeast and South were lower than the rates in the second quarter 2013, while the rates in the Midwest and West were not statistically different from the rates a year ago.
New home sales
Sales of new single-family houses in June 2014 were at a seasonally adjusted annual rate of 406,000. This is 8.1 percent (+/- 12.3%)* below the revised May 2014 estimate of 442,000.
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
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Consumer tips & hot properties
How to Do Real Estate Investment Right
While we can’t all build a portfolio of hotels, condos and resorts with our names on them like Donald Trump, plenty of individuals include real estate investment in their long-term strategy… (Read More) Read more
How to Buy a House at a Real Estate Auction
While many people go the traditional route of buying a house by home-shopping for months—using a real estate agent and negotiating with a seller—some people instead choose to buy their… (Read More) Read more
Stage Your House in the Right Light
If you’re about to put your home on the market, you know about the staging, the paint touch-ups and the fixes you’ve kept putting off until now. Let’s add one more… (Read More) Read more
Pre-qualification and Pre-approval: Do You Really Need Both?
What kind of mortgage you can afford and what kind you can get are important things to know when you begin the home-buying process. You might have a ballpark price… (Read More) Read more
8 Tips to Prepare a Home for Rental
Renting out your house, condominium, or apartment can be lucrative. But how do you prepare a home for rental? The number of renters in the United States—currently at 40 million—is expected… (Read More) Read more
Existing Home Statistics
View statistics based on national data, regional data and data gathered from 159 cities & metropolitan areas.
Statistics by City or Metropolitan Area
Source: NATIONAL ASSOCIATION OF REALTORS®.