According to NAR's report, single -
family home sales dropped 12.1 % to a seasonally adjusted annual rate of 4.15 million in November from 4.72 million in October, and are now 4.6 $ lower than the 4.35 million pace a year ago, NAR's report showed.
Not exact matches
Investors will have their eyes on new economic data expected to show that single -
family home sales increased by 3.1 % in February after a big
drop in January.
Sales of new single -
family homes dropped sharply last month as severe winter weather and higher mortgage rates continued to slow the housing recovery.
He continues by saying that, «The forecasted
drop in B.C.
home prices largely reflects an anticipated decline in single
family home sales activity at the higher end of the market — particularly in the Lower Mainland,» says Klump.
Sales of new single - family homes dropped 2.1 percent in November, according to the Commerce Department's latest new - home sales report, which was released Tue
Sales of new single -
family homes dropped 2.1 percent in November, according to the Commerce Department's latest new -
home sales report, which was released Tue
sales report, which was released Tuesday.
The
drop in permit data was driven by a decline in multi-
family permits, while single -
family permits — which more directly affect the inventory of
homes for
sale — were up from a year ago.
Market Data Shows Fast Recovery in Houston The Houston Association of REALTORS ® (HAR) reports single -
family homes sales rose by 4.2 percent from last September after a steep 24 percent
drop in August.
Total existing -
home sales, which are completed transactions that include single -
family homes, townhomes, condominiums and co-ops,
dropped 4.3 percent to a seasonally adjusted annual rate of 4.90 million in November from 5.12 million in October, and are 1.2 percent below the 4.96 million - unit pace in November 2012.
Sales of new single -
family homes dropped 2.1 percent in November, but they are still keeping a pace well above a year ago.
Existing -
home sales — which are completed transactions for single -
family homes, townhomes, condos, and co-ops —
dropped 3.4...
«Total existing -
home sales, which are completed transactions that include single -
family homes, townhomes, condominiums and co-ops,
dropped 7.1 % to a seasonally adjusted annual rate of 5.08 million in February from 5.47 million in January.
2) Annual single
family home sales volume
dropped by 36 %.
Sales of existing single -
family homes fell 1.4 % compared to November 2012,
dropping to a seasonally adjusted annual rate of 4.35 million units.
Palm Beach County had 1,311 existing, single -
family home sales in October, a 9 percent
drop from a year earlier, according to the Realtors Association of the Palm Beaches.
In Western Springs, the median
sales price of a single -
family detached house rose 10.4 percent to $ 615,000, and while the number of
homes sold in Elmhurst
dropped 7.1 percent to only 65, the median price jumped 44.6 percent to $ 600,000.
Statewide
sales dropped two percent to 6,836 for condominiums and two percent for single -
family homes to 15,290.
The year - end median
sales price
dropped nine percent for single -
family homes and three percent for condominiums when comparing 2011 to 2010.
End of the era of major investors active in purchases: Related to the
drop in distressed
sales opportunities, and against backdrop of higher
home prices, portfolios of single -
family homes for rent potentially reached their peak earlier this year.
Last week, the Illinois Association of Realtors reported that the median
sales price of single -
family homes and condos in the nine - county Chicago area in March
dropped 3.9 percent from a year ago, while prices in Chicago rose 5.2 percent.
The sharpest
drop in
sales was for single -
family homes.