| By Dennis Norman,on September 21st,2011 Today’s existing home sales report from the National Association of REALTORS® shows existing home sales in August were at at a seasonally adjusted-annual rate of 5.03 million units which is an increase of 7.7 percent from the month before,an increase of 18.6 percent from a year ago and is the highest rate of home [...] By Dennis Norman,on August 18th,2011 Today’s existing home sales report from the National Association of REALTORS® shows existing home sales in July were at at a seasonally adjusted-annual rate of 4.67 million units which is a decrease of 3.5 percent from the month before,an increase of 21.0 percent from a year ago and is the lowest rate of home [...] By Dennis Norman,on July 20th,2011 Today’s existing home sales report from the National Association of REALTORS® shows existing home sales in June were at at a seasonally adjusted-annual rate of 4.77 million units which is a decrease of 0.8 percent from the month before,a decrease of 8.8 percent from a year ago and is the lowest rate of home [...] By Dennis Norman,on June 21st,2011 Today’s existing home sales report from the National Association of REALTORS® shows existing home sales in May were at at a seasonally adjusted-annual rate of 4.81 million units which is a decrease of 3.8 percent from the month before and is a decrease of 15.3 percent from a year ago and is the lowest rate [...] By Dennis Norman,on May 19th,2011 Today’s existing home sales report from the National Association of REALTORS® shows existing home sales in April were at at a seasonally adjusted-annual rate of 5.05 million units which is a decrease of 0.8 percent from the month before and is a decrease of 12.9 percent from a year ago. [...] By Dennis Norman,on April 20th,2011 Today’s existing home sales report from the National Association of REALTORS® shows existing home sales in March were at at a seasonally adjusted-annual rate of 5.1 million units which is an increase of 3.7 percent from the month before and is a decrease of 6.3 percent from a year ago. [...] By Dennis Norman,on March 21st,2011 Today’s existing home sales report from the National Association of REALTORS® shows existing home sales in February were at at a seasonally adjusted-annual rate of 4.88 million units which is a decrease of 9.6 percent from January and is a decrease of 2.8 percent from a year ago. [...] By Dennis Norman,on February 23rd,2011 Today’s existing home sales report from the National Association of REALTORS® shows existing home sales in January were at at a seasonally adjusted-annual rate of 5.36 million units which is an increase of 2.7 percent from December and is an increase of 5.3 percent from a year ago. [...] By Dennis Norman,on January 20th,2011 Today’s existing home sales report from the National Association of REALTORS(R) shows existing home sales in December were at at a seasonally adjusted-annual rate of 5.28 million units which is an increase of 12.3 percent from November and is a decline of 2.9 percent from a year ago. Preliminary numbers for 2010 show 4,908,000 existing [...] By Dennis Norman,on December 22nd,2010 Today’s existing home sales report from theNational Association of REALTORS(R) shows existing home sales in November were at at a seasonally adjusted-annual rate of 4.68 million units which is an increase of 5.6 percent from October and is a decline of 27.9 percent from a year ago. [...] By Dennis Norman,on November 23rd,2010 Today’s existing home sales report from theNational Association of REALTORS(R) shows existing home sales in October were at at a seasonally adjusted-annual rate of 4.43 million units which is a decrease of 2.2 percent from September and is a decline of 25.9 percent from a year ago. [...] By Dennis Norman,on October 25th,2010 Dennis Norman Today’s existing home sales report from theNational Association of REALTORS(R) shows existing home sales in September were at at a seasonally adjusted-annual rate of 4.53 million units which is an increase of 10.0 percent from August but is a a decline of 19.1 percent from a year ago. [...] By Dennis Norman,on September 23rd,2010 Dennis Norman After July’s existing home sales fell over 27 percent and hit ROCK BOTTOM,August didn’t fare much better….. Today’s existing home sales report from theNational Association of REALTORS(R) shows existing home sales in August were at at a seasonally adjusted-annual rate of 4.13 million units which is an increase of [...] By Dennis Norman,on August 24th,2010 Dennis Norman Beginning last November I have written several articles about the “sugar-rush”effect of tax credits and other stimulus on the housing market and voicing my concern that these things are short lived (like a sugar rush on a child) and after the sugar wears off there is a crash….Well,as expected,here [...] By Dennis Norman,on July 22nd,2010 Dennis Norman Last month I said that I expected to see some elevated numbers in the existing home sales report for May and June since this report would reflect the actual closing of the home purchases from buyers that raced to buy before the April 30th home-buyer tax credit deadline. Even though Congress has [...] By Dennis Norman,on June 22nd,2010 Dennis Norman May and June Sales Expected to Remain Elevated as Buyers Rush to Close By June 30th Deadline for Tax Credits. The deadline to buy a home and qualify for the home-buyer tax credit was April 30th so it’s not surprising we saw pending home-sales increase dramatically in March and April as buyers [...] By Dennis Norman,on May 24th,2010 Dennis Norman Sales increased for second consecutive month- With the home-buyer tax credits ending April 30th,it’s not surprising that we saw an increase of home sales in March,and now in April,as buyers rushed to buy before the deadline to have a congract of April 30,2010. According to the latest report [...] By Dennis Norman,on April 22nd,2010 Dennis Norman According to the latest report from the National Association of REALTORS(R),existing home sales in the US in March increased 6.8 percent to a seasonally adjusted-annual rate of 5.35 million units in March from a revised level of 5.01 million units in February, and increased 16.1 percent from a year ago when the rate [...] By Dennis Norman,on March 24th,2010 Dennis Norman According to the latest report from the National Association of REALTORS(R),existing home sales in the US in February decreased 0.6 percent to a seasonally adjusted-annual rate of 5.02 million units in February from a revised level of 5.50 million units in January,however this does represent an increase of 7.0 percent [...] By Dennis Norman,on February 26th,2010 Dennis Norman According to the latest report from the National Association of REALTORS(R),existing home sales in January decreased 7.2 percent to a seasonally adjusted-annual rate of 5.05 million units in January from a level of 5.44 million units in December,however this does represent an increase over a year ago when the rate was 4.53 million units (seasonally adjusted). [...] By Dennis Norman,on January 25th,2010 Dennis Norman NAR’s “seasonally-adjusted”numbers show sales down 16.7 percent for the month…2009 finishes with 5,156,000 homes sold…My projection for the year was 5,143,000 homes….missed it by 13,000 (2/10 of 1 percent) hmm..not bad for a “non-economist” According to the latest report from the National Association of REALTORS(R),existing home sales in December decreased 16.7 percent to [...] By Dennis Norman,on December 24th,2009 Dennis Norman NAR’s “seasonally-adjusted”numbers show sales up 7.4 percent for the month…”actual”numbers show a 5.2 percent decrease….Sales up 44 percent from last year,lest we not forgot last year was the worst in over 10 years… According to the latest report from the National Association of REALTORS(R),existing home sales in November increased [...] By Dennis Norman,on November 23rd,2009 Dennis Norman National Association of REALTORS Report: According to the latest report released today from the National Association of REALTORS(R),existing home sales in October jumped 10.1 percent to a seasonally adjusted-annual rate of 6.10 million units in October from a revised level of 5.54 million in September,and are 23.5 percent higher than [...] By Dennis Norman,on October 23rd,2009 Dennis Norman According to the latest report released today from the National Association of REALTORS(R),existing home sales in September jumped 9.4 percent to a seasonally adjusted-annual rate of 5.57 million units in September from a level of 5.09 million in August,and are 9.2 percent higher than the 5.10 million-unit pace in September [...] By Dennis Norman,on September 24th,2009 Dennis Norman According to the latest report released today from the National Association of REALTORS(R),existing home sales in August dropped 2.7 percent to a seasonally adjusted rate of 5.1 million units down from a level of 5.24 million units in July. This drop follows four-consecutive months of increases in the pace of existing home sales and,if [...] By Dennis Norman,on August 21st,2009 Dennis Norman According to the latest report released today from the National Association of REALTORS(R),existing home sales in July rose 7.2 percent to a seasonally adjusted rate of 5.24 million units up from a level of 4.89 million units in June. Home sales data for July 2009 represents a 5.0 percent increase over [...] By Dennis Norman,on August 12th,2009 Dennis Norman According to the latest report released today from the National Association of REALTORS(R),existing-home sales in the second quarter showed healthy gains from the first quarter in the vast majority of states. Existing home sales (including single-family homes and condos) by state rose 3.8 percent to a seasonally adjusted annual rate of [...] By Dennis Norman,on July 23rd,2009 Dennis Norman Today the National Association of REALTORS(R) released its existing home sales report for June showing an increase in sales for the 3rd month in a row and home prices declining less sharply. Existing home sales,including single-family,town-homes,condominiums and co-ops increased 3.6% in June to a seasonally adjusted annual rate of 4.89 [...] By Dennis Norman,on June 23rd,2009 Dennis Norman By:Dennis Norman Today the National Association of REALTORS(R) released its existing home sales report for May showing an increase in sales for the 2nd month in a row. This is the first time we’ve seen two consecutive months of sales increases in almost 4 years. Sales for May were at a seasonally-adjusted annual rate of [...] By Dennis Norman,on May 28th,2009 Dennis Norman By:Dennis Norman Yesterday the National Association of REALTORS(R) released its existing home sales report for April showing a slight increase in sales of 2.9% over March. Sales for April were at a seasonally-adjusted annual rate of 4,680,000 homes which is down 3.5% from last year,which means in year over year numbers things are improving because last [...] | |