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National market update
Existing-Home Sales Decline in March but Inventory Down, Prices Stabilizing
WASHINGTON (April 19, 2012) – Existing-home sales were down in March but continue to outpace year-ago levels, while inventory tightened and home prices are showing further signs of stabilizing, according to the National Association of Realtors®. More...
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Pending Home Sales Ease in February but Solidly Higher Than a Year Ago
Pending home sales were down slightly in February but remain notably above the pattern in the first half of last year, according to the National Association of Realtors®. More...
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National housing indicators
Existing home sales ()
4.48 million units*
Existing home median price ()
$163,800
Housing Starts ()
654,000 units*
New home sales ()
328,000 units *
*Seasonally adjusted annual rate. Source: NATIONAL ASSOCIATION OF REALTORS®.
National economic indicators
Home ownership
4th Qtr 11
66.0%
3rd Qtr 11
66.3%
The homeownership rate in the fourth quarter 2011 (66.0 percent) was lower than the fourth quarter 2010 rate (66.5 percent). The homeownership rates in the Northeast, Midwest, South, and West were not statistically different from their corresponding fourth quarter 2010 rates.
New home sales
Mar 12
-7.1%
Feb 12
+7.3%
Sales of new single-family houses in March 2012 were at a seasonally adjusted annual rate of 328,000. This is 7.1 percent (+/- 20.7%)* below the revised February 2012 estimate of 353,000.
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
Patricia Miles
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
Create an Outdoor Resort in Your Backyard
This summer many will be spending more vacation time at home instead of traveling to a distant location. According to the American Lighting Association (ALA), with a few updates to your outside lighting, you can enjoy a mini vacation at home. More... Read more
Have $18 Million Lying Around? Coral Gables has a Home for You
HuffPost Miami brags that "If you've got $18 million lying around, Coral Gables has some real estate for you". Realtor.com provides glimpse into the 10 most expensive home in Gables. More... Read more
Tornado Storm Shelters: Safe Room Protection When it Counts
How do you stand up to one of nature’s most destructive forces? Building a safe room or installing a modular storm shelter is one of the few defenses against a tornado. More... Read more
Are You Looking for Energy Savings in All the Wrong Places?
Our energy costs are going up because too many of us are making the wrong judgment calls about how to save energy. Here’s why we’re having a disconnect. More... Read more
What to Consider Before Building a Pool
In-ground pools are expensive projects with ongoing maintenance costs, so review the numbers before taking the plunge. More... Read more
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®.