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National market update
Existing-Home Sales Stall in August, Prices Moderate
WASHINGTON (September 21, 2015) — Following three straight months of gains, existing–home sales dipped in August despite slowing price growth and a positive turnaround in the share of sales to first–time buyers, according to the National Association of Realtors®. None of the four major regions experienced sales increases in August.
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Closing Process Changes: What To Expect
New mortgage disclosure rules will take effect Oct. 3, and lenders and real estate brokerages are quickly preparing for what has been predicted to be big changes to home closings.
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National housing indicators
Existing home sales ()
5.31 millions units*
Existing home median price ()
$228,700
Housing Starts ()
1.126 millions units*
New home sales ()
0.507 millions units*
*Seasonally adjusted annual rate. Source: NATIONAL ASSOCIATION OF REALTORS®.
National economic indicators
Home ownership
2nd Qtr 2015
+63.4%
2nd Qtr 2014
+64.7%
The homeownership rate in the second quarter 2015 was 63.4 percent, down 1.3 (+/- 0.4) percentage points from the second quarter 2014 rate of 64.7 percent. The homeownership rates in the Northeast, Midwest, South and West were lower than the rates in the second quarter 2014.
New home sales
August 2015
+5.7%
July 2015
+12.0%
Sales of new single-family houses in August 2015 were at a seasonally adjusted annual rate of 552,000. This is 5.7 percent (+/- 16.2%)* above the revised July 2015 estimate of 522,000.
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
Susan King-Kohl
See older entriesDisclaimer: 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
You'll Never Guess What's Hot in Your Home State
Wet bars in Kansas, hot tubs in Oregon, or kiva fireplaces in New Mexico... We combed through more than 1.5 million home listings to discover the features that make each state stand out.
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More Money, More Problems: When a Big Down Payment Could Spell Trouble
When it comes to down payments, most experts will tell you more is better. But that's not always the case.
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7 Things Your Home Inspector Wishes You Knew
Whether you're buying or selling a home, here's how to approach the inspection.
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The Surprising Things Your Movers Won’t Move
You'd better take care of these things before moving day, because movers won't touch them.
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5 Financial Lessons Learned From the Housing Crisis
The crash is in our rearview mirror, but don't get too comfortable—heed these crucial things before you buy a home.
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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®.