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National market update
August Existing Home Sales & Prices Rise
WASHINGTON (September 19, 2012) - Existing-home sales continued to improve in August and the national median price rose on a year-over-year basis for the sixth straight month, according to the National Association of Realtors®. More... Read more
Homes Selling More Quickly, Time on Market Down with Tighter Supplies
WASHINGTON (September 5, 2012) – A new measure shows the typical amount of time it takes to sell a home is shrinking, and for traditional sellers is now in the range of historic norms for a balanced market, well below the cyclical peak reached in 2009, according to the National Association of Realtors®. More...
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National housing indicators
Existing home sales ()
4.82 million units*
Existing home median price ()
$187,400
Housing Starts ()
750,000 units*
New home sales ()
372,000 (July)*
*Seasonally adjusted annual rate. Source: NATIONAL ASSOCIATION OF REALTORS®.
National economic indicators
Home ownership
2nd Qtr 12
65.5%
2nd Qtr 11
65.9%
The homeownership rate in the second quarter 2012 (65.5 percent) was lower than the second quarter 2011 rate (65.9 percent). The homeownership rate in the South was lower than the corresponding second quarter 2011 rate, while the rates in the Northeast, Midwest, and West were not statistically different.
New home sales
July 12
+3.6%
June 12
-3.5%
Sales of new single-family houses in July 2012 were at a seasonally adjusted annual rate of 372,000. This is 3.6 percent (+/- 14.1%)* above the revised June 2012 estimate of 359,000.
Source: U.S. CENSUS BUREAU
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Regional market updates
View market statistics for your region.
Click on the links below to view data from two different industry sources. Choose information on local prices & state sales from any of 178 metropolitan housing markets prepared by the National Association of REALTORS® or information on sales & price activity from local area markets in 25 states prepared by Clarus MarketMetrics.
Local Prices & State Sales
Mary DAVIS
Disclaimer: The views, opinions, statements and/or ideas expressed in this Message Section do not reflect the ideas, policy, position, views or opinion of Move,Inc.
Consumer tips & hot properties
Cut Taxes With Early Mortgage Payment
Kay Bell, Bankrate.com, explains "how a little year-end attention to your mortgage payment could lower your upcoming Internal Revenue Service bill". More... Read more
Everything You Need to Know about Best Price for Heating Oil
It’s that time of year when you think about the price of heating oil and how it will effect your budget. Patricia Schaefer says, "…with a few hours of your time, you the homeowner and consumer can have the satisfaction of knowing you’re paying the best possible price for your heating oil.” More…
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Time for Your Home's Fall Maintenance
Illyse Glick reminds us September is time for home inspections of key areas such as gutters, cracks and leaks, furnace and fireplace. Maintenance is essential to avoiding bigger problems. More... Read more
Customize Your Kitchen for Less
Amy R. Hughes, "This Old House" magazine, offers 28 ways to have the kitchen your way on a budget. More... Read more
Fall Yardwork Makes Lush Spring Lawns & Gardens
This Old House landscape contractor Roger Cook advises, "Fall is the absolute best time to get things done, and it gives you a head start on spring". More...
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Existing Home Statistics
View statistics based on national data, regional data and data gathered from 159 cities & metropolitan areas.
National Statistics
Statistics by City or Metropolitan Area
Regional Statistics
Source: NATIONAL ASSOCIATION OF REALTORS®.