Sentences with phrase «family home sales surged»

Annual sales set record Existing single - family home sales surged in 2004 to well above the record set in 2003, despite a decline in December from November's record 6.92 million unit * pace.

Existing single - family home sales surged 16.2 percent in January, reaching an unprecedented seasonally adjusted annual rate of 6.04 million units, up from a pace of 5.20 * million units in December.

Not exact matches

The residential enclave has seen a surge in popularity in recent years, driving the median sale price of a single - family home to $ 1.36 million, up 75 % from five years ago.

Given the surge in demand for housing driven by Millennials and the historically low availability of homes for sale, investors could consider single - family rental REITs, as well as multifamily REITs.

Existing - home sales1, which are completed transactions that include single - family, townhomes, condominiums and co-ops, fell 3.8 percent to a seasonally adjusted annual rate of 4.81 million in May from a downwardly revised 5.00 million in April, and are 15.3 percent below a 5.68 million pace in May 2010 when sales were surging to beat the deadline for the home buyer tax credit.

Single - family home sales declined 3.2 percent to a seasonally adjusted annual rate of 4.24 million in May from 4.38 million in April, and are 15.4 percent below a surge to 5.01 million one year ago.

Single - family new - home sales surged in January to a five - and - a-half-year high, giving the industry new hope that the new - home sector isn't heading for a slowdown this spring after all.

New - home sales surged to a 10 - year high in November, with sales of new, single - family homes up 17.5 percent to 733,000, according to the U.S. Census Bureau and the Department of Housing and Urban Development (HUD).

Commenting on strong sales in the Central Puget Sound region, Scott noted King County recorded the biggest year - over-year jump in pending sales of single family homes, surging nearly 11.3 percent, well ahead of Kitsap (up 4.5 percent), Pierce (up 4 percent) and Snohomish (up 3.2 percent).

Sales of newly built, single - family homes surged 8.3 percent to a seasonally adjusted, annual rate of 497,000 units in June, their fastest pace in the last five years, according to data released today by HUD and the U.S. Census Bureau.