Home price growth slows across the country

Blitzer says despite declining sales, the overall economy is strong — offering some solace to economists worried about a looming housing and economic crisis similar to that of 2008. Continue reading

Existing-home sales decline in December after 2 months of gains

Existing-home sales declined 6.4 percent in December to a seasonally adjusted rate of 4.99 million, following two straight months of consecutive gains. Continue reading

Existing-home sales rise for second straight month

Existing-home sales increased 1.9 percent month-over-month but failed to gain the same traction on a yearly basis with a 7 percent decline from November 2017. Continue reading

Existing home sales up in October, ending 6-month slide: NAR

Existing home sales ended a six-month skid in October, climbing 1.4 percent from September. Despite the monthly gain, sales were still down 5.1 percent year over year. Continue reading

Uh-oh: high-risk home loans are on the rise again

Now that these buyers have relatively easy access to credit (albeit high-risk) they’re snapping up homes at the lowest price tier and driving up home prices… Continue reading

Pending home sales decrease in August, marking 8-month decline

Pending home sales dropped 2.3 percent in August — the eighth consecutive month of annualized declines, according to the National Association of Realtors. Continue reading

Existing home sales remain steady, ending four-month slump

Sales of existing homes remained steady from July to August, ending four months of decline, according to data from the National Association of Realtors. Continue reading

Existing-home sales dropped 0.7% in July, extending 4-month decline

Existing home sales dropped 0.7 percent to a seasonally adjusted 5.34 million in July, declining for the fourth consecutive month. Continue reading