Sentences with phrase «home sales volume dropped»
2) Annual single family home sales volume dropped by 36 %.
http://sacramentoappraisalblog.com/ Not exact matches
Based on rates alone, a jump from 4 percent to 5 percent could cause the nations home sales volume to drop by 300,000, said National Association of Realtors economist Lawrence Yun.
Douglas Elliman reported recently, «that prices in the Hamptons real estate market dropped nearly 30 % in Q4, with sales volume down 14.5 % But in the luxury end of the market — homes with an average price of $ 7 million — prices were down 42.6 % in Q4.
At the same time, the year - over-year volume of home sales dropped 5.3 percent to a seasonally adjusted rate of 5.05 million.
Home sales volume probably wouldn't change much after a stock drop, but the mix of deals would be different, with much of the new activity at the mid-range level, says Forrest Pafenberg, NAR director of real estate finance research.
Home sales volume last year was up modestly over 2010, but there was an important shift in their composition: Investors were stepping up to buy while households dropped back.