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Existing Home Sales

What’s Ahead For Mortgage Rates This Week – July 25, 2016

Last week's economic news included readings on builder confidence in housing market conditions, housing starts, building permits issued and existing home sales. Weekly reports on mortgage rates and new jobless claims were also released. The National Association of Home Builders reported that home builder confidence fell one point in July to 59 as compared to an expected reading and June reading of 60. Builders again cited shortages of buildable lots and labor.

By |2017-08-10T02:01:08-04:00July 25th, 2016|Mortgage Rates|Comments Off on What’s Ahead For Mortgage Rates This Week – July 25, 2016
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Existing Home Sales Dip More Than Expected

November sales of pre-owned homes dipped lower than expected and prior month’s readings according to the National Association of Realtors (NAR). Analysts expected existing home sales to slow to a seasonally-adjusted annual rate of 5.30 million sales, which was based on October’s reading of 5.32 million sales. Instead, November’s reading dropped to 4.76 million sales. November’s drop represented a decline of 10.50 percent drop in existing home sales month-to-month; existing home sales were 3.80 percent lower year-over-year.

By |2017-08-10T02:05:23-04:00December 23rd, 2015|Market Outlook|Comments Off on Existing Home Sales Dip More Than Expected
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What’s Ahead For Mortgage Rates This Week – July 7, 2014

Last week's economic news was mixed, but economic reports for Non-Farm Payrolls and the National Unemployment rate suggest a strengthening labor sector. Pending Home Sales surpassed expectations in May and conversely, construction spending was lower than expected.

By |2017-08-10T02:14:13-04:00July 7th, 2014|Market Outlook|Comments Off on What’s Ahead For Mortgage Rates This Week – July 7, 2014
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What’s Ahead For Mortgage Rates This Week – May 27, 2014

Last week's economic news was dominated by speeches given by Federal Reserve presidents, the minutes from April's FOMC meeting and commencement address given by Fed Chair Janet Yellen. The latest readings for new and existing home sales were also released.

By |2017-08-10T02:15:12-04:00May 27th, 2014|Uncategorized|Comments Off on What’s Ahead For Mortgage Rates This Week – May 27, 2014
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Existing Home Sales Numbers Show Value Gains Across America

The National Association of REALTORS® released its Existing Home Sales report for March on Monday. Sales dipped from February’s seasonally adjusted annual rate of 4.95 million to 4.92 million existing homes sold in March, a decrease of 0.6 percent month-to-month.

By |2017-08-10T02:22:24-04:00April 24th, 2013|Housing Analysis|Comments Off on Existing Home Sales Numbers Show Value Gains Across America
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