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National market update
Existing-Home Sales Continue to Climb in July
WASHINGTON (August 21, 2014) – Existing-home sales increased in July to their highest annual pace of the year, and the ongoing decline in distressed sales reached an important milestone, according to the National Association of Realtors®.
Home-Price Gains Decelerate in Many Metro Areas during Second Quarter
WASHINGTON (August 12, 2014) – Home-price growth continued to moderate in many metropolitan areas in the second quarter and national year-over-year price appreciation is now at its slowest pace since 2012, according to the latest quarterly report by the National Association of Realtors®.
National housing indicators
Existing home sales ()
5.15 million units*
Existing home median price ()
Housing Starts ()
1.093 million units*
New home sales ()
406K million units*
*Seasonally adjusted annual rate. Source: NATIONAL ASSOCIATION OF REALTORS®.
National economic indicators
2nd Qtr 2014
2nd Qtr 2013
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 July 2014 were at a seasonally adjusted annual rate of 412,000. This is 2.4 percent (+/- 11.9%)* below the revised June 2014 estimate of 422,000.
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
Top 5 Reasons to Buy a House Right Now
Buying a house is a highly individual decision—and a local one—but current trends are creating a favorable situation for many would-be homeowners.…(Read More)
Going Solo: Home Buying Tips for One
The stereotypical picture of the happy home buyer includes kids and/or a spouse. But plenty of singletons take the home buying plunge as well…(Read More)
3 Emotional Mistakes Home Buyers Make
Finding your first home is an emotional experience. Owning a home has long been a mark of success and comfort—a space to make truly your own. It’s no wonder home buyers fall so in love with the idea of owning a home that sometimes they overlook important areas that will impact their bottom line… (Read More)
Buying a House With Cash: Should You Do It?
You’ve just sold your home and are ready to buy again. For the first time in your life, you may have enough money to pay cash for a home—but should you? Buying a house with cash has its upside and its downside, too.… (Read More)
Before You Buy: 4 Questions About Home Appraisals
When you go to buy a home, your mortgage lender will want to know whether the house you are interested in buying is worth the amount you are willing to spend. They need to check out the house for anything that can devalue or increase the property’s worth. To do this, they require home appraisals for all borrowers.…(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®.