Sentences with phrase «unit pace»

Sales are expected to stay above a 4.5 - million - unit pace through the year.

Housing starts reached an 894,000 annualized unit pace in October, which is the highest in over 4 years, and up 42 percent from one year ago.

As with existing - home sales, the new - home market has been thriving, with a 1.1 million sales pace projected through mid-2004, up from a 985,000 - unit pace at the beginning of 2003, according to forecasting by NAR Research.

Despite the competition from a surplus of previously owned homes on the market, new building permits rose 2.5 percent to a 624,000 - unit pace last month.

Record pace eases Existing single - family home sales slipped 4.6 percent from October to a 6.06 - million - unit pace in November, but sales remain on track to set an annual record.

Economists polled by Reuters had forecast sales rising 3.5 % to a 5.30 million - unit pace.

That started 2014 with an annualized sales rate of 15.2 million units, which is slightly below December's 15.4 - million - unit pace and considerably below the 16 - to 16.5 - million units most industry watchers are predicting for this year.

Total existing - home sales1, which are completed transactions that include single - family homes, townhomes, condominiums and co-ops, increased 0.4 percent to a seasonally adjusted annual rate of 4.92 million in January from a downwardly revised 4.90 million in December, and are 9.1 percent above the 4.51 million - unit pace in January 2012.

The pace of existing single - family home sales continued its comeback in late fall, with November sales reaching an annual rate of 5.21 million units, up 0.6 percent from a 5.18 - million - unit pace * in October.

Existing condominium and co-op sales increased 3.4 percent to a seasonally adjusted annual rate of 610,000 units in June from 590,000 in May, and are 1.7 percent above the 600,000 unit pace a year ago.

Sales declined 10.7 percent in January to 4.59 million units from a 5.14 - million - unit pace in December.

Existing condominium and co-op sales fell 8.1 percent to a seasonally adjusted annual rate of 570,000 in May from 620,000 in April, and are 14.7 percent below the 668,000 - unit pace in May 2010.

Existing single - family home sales continue to soar, rising to a record sales pace of 6.09 million units in January, up 3 percent from the 5.91 million unit pace * in December.

Total existing - home sales1, which are completed transactions that include single - family homes, townhomes, condominiums and co-ops, declined 1.9 percent to a seasonally adjusted annual rate of 5.29 million in September from a downwardly revised 5.39 million in August, but are 10.7 percent above the 4.78 million - unit pace in September 2012.

That's up 5.5 percent from the 6.13 - million - unit pace * set in July.

Total existing - home sales1, which are completed transactions that include single - family homes, townhomes, condominiums and co-ops, declined 0.6 percent to a seasonally adjusted annual rate of 4.92 million in March from a downwardly revised 4.95 million in February, but remain 10.3 percent higher than the 4.46 million - unit pace in March 2012.

Single - family home sales rose 5.0 percent to a seasonally adjusted annual rate of 4.60 million in May from 4.38 million in April, and are 12.7 percent higher than the 4.08 million - unit pace in May 2012.

Existing condominium and co-op sales increased 5.2 percent to a seasonally adjusted annual rate of 610,000 units in September from 580,000 in August, and are unchanged from the 610,000 unit pace a year ago.

Total existing - home sales1, which are completed transactions that include single - family homes, townhomes, condominiums and co-ops, rose 4.2 percent to a seasonally adjusted annual rate of 5.18 million in May from 4.97 million in April, and is 12.9 percent above the 4.59 million - unit pace in May 2012.

Existing condominium and co-op sales fell 3.2 percent to an annualized rate of 600,000 units in March from 620,000 in February, but are 20.0 percent higher than the 500,000 - unit pace a year ago.

Existing single - family home sales set a second consecutive monthly record in August, rising to a 6.47 - million - unit pace.

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.

Existing condominium and co-op sales dropped 7.9 percent to an annual rate of 580,000 units in November from 630,000 units in October, and are 3.3 percent lower than the 600,000 - unit pace a year ago.

Single - family home sales increased 1.6 percent to a seasonally adjusted annual rate of 4.38 million in October from 4.31 million in September, and are 13.8 percent higher than the 3.85 million - unit pace one year ago.

Clearly, the virtual disappearance of subprime mortgage products after the temporary credit crunch last fall is responsible for an important part of the lag: Existing homes were selling at a roughly 5 million unit pace at the end of 2007, down 20 percent from a 6.2 million unit pace earlier in the year.

Total existing - home sales1, which are completed transactions that include single - family homes, townhomes, condominiums and co-ops, increased 4.3 percent to a seasonally adjusted annual rate of 4.57 million in January from a downwardly revised 4.38 million - unit pace in December and are 0.7 percent above a spike to 4.54 million in January 2011.

Total existing - home sales1, which are completed transactions that include single - family homes, townhomes, condominiums and co-ops, rose 5.9 percent to a seasonally adjusted annual rate of 5.04 million in November from a downwardly revised 4.76 million in October, and are 14.5 percent higher than the 4.40 million - unit pace in November 2011.

Single - family home sales rose 3.8 percent to a seasonally adjusted annual rate of 4.05 million in January from 3.90 million in December, and are 2.3 percent above the 3.96 million - unit pace a year ago.

Total existing - home sales1, which are completed transactions that include single - family homes, townhomes, condominiums and co-ops, slipped 0.2 percent to a seasonally adjusted annual rate of 4.59 million in March from 4.60 million in February, and are 7.5 percent below the 4.96 million - unit pace in March 2013.

Existing condominium and co-op sales jumped 9.1 percent to an annualized level of 600,000 in November from 550,000 in October, and are 33.3 percent above the 450,000 - unit pace a year ago.

Permit issuance, which can be an indicator of future building activity, rose 1.9 percent on the single - family side to a seasonally adjusted, annual pace of 584,000 units and rose 1.5 percent on the multifamily side to a 341,000 - unit pace in January.

Existing condominium and co-op sales were unchanged at a seasonally adjusted annual rate of 530,000 in February and are 3.9 percent above the 510,000 - unit pace in February 2011.

Total existing - home sales, which are completed transactions that include single - family homes, townhomes, condominiums and co-ops, declined 1.5 percent to a seasonally adjusted annual rate of 4.55 million in May from 4.62 million in April, but are 9.6 percent above the 4.15 million - unit pace in May 2011.

Total existing - home sales, which are completed transactions that include single - family homes, townhomes, condominiums and co-ops, declined 2.6 percent to a seasonally adjusted annual rate of 4.48 million in March from an upwardly revised 4.60 million in February, but are 5.2 percent above the 4.26 million - unit pace in March 2011.

Existing condominium and co-op sales fell 5.7 percent to a seasonally adjusted annual rate of 500,000 in May from 530,000 in April, but are 4.2 percent higher than the 480,000 - unit pace one year ago.

Single - family home sales declined 2.5 percent to a seasonally adjusted annual rate of 3.97 million in March from 4.07 million in February, but are 5.9 percent above the 3.75 million - unit pace a year ago.

The year closed out on a slight downturn, with December levels slipping 1.4 percent to 5.06 million units from a 5.13 - million - unit pace in November.

Single - family home sales slipped 0.2 percent to a seasonally adjusted annual rate of 4.36 million in February from an upwardly revised 4.37 million in January, but are 8.7 percent above the 4.01 million - unit pace in February 2012.

Single - family home sales rose 1.9 percent to a seasonally adjusted annual rate of 4.22 million in October from 4.14 million in September, and are 9.6 percent above the 3.85 million - unit pace in October 2011.

Sales of existing single - family homes slowed in September to a seasonally adjusted annual rate of 4.89 million units, down 11.7 percent from a 5.54 - million - unit pace in August.

Single - family home sales rose 3.0 percent to a seasonally adjusted annual rate of 4.09 million in April from 3.97 million in March, and are 9.9 percent higher than the 3.72 million - unit pace a year ago.

Existing condominium and co-op sales declined 3.3 percent to an annualized rate of 590,000 units in April from 610,000 in March, but are 15.7 percent above the 510,000 - unit pace a year ago.

Without these frictions, existing - home sales easily would be well above the 5 - million unit pace,» he said.

Total state existing - home sales, including single - family and condo, rose 9.1 percent to a seasonally adjusted annual rate of 5.61 million in the second quarter from 5.14 million in the first quarter, and were 17.3 percent above the 4.78 million - unit pace in the second quarter of 2009.

«When we exceeded the 6 million unit pace in January, it was clear that monthly sales rates would come off of that peak,» says David Lereah, NAR chief economist.

The seasonally adjusted annual rate rose 6 percent to 5.09 million units from a 4.79 - million unit pace in October.

Existing condominium and co-op sales remained unchanged in July from June at an annual rate of 600,000 units, and are 4.8 percent below the 630,000 unit pace a year ago.