Existing home sales plunged a record 16.7% in December to an annualized pace of 5.45 million. The large decline followed several months of strong sales gains that were primarily driven by the first time homebuyer tax credit which was originally slated to expire on November 30. The tax credit has since been extended and expanded [...]
Posts Tagged Existing Home Sales
Existing Home Sales Crash
Jan 26
Nice Bounce
Aug 22
Existing home sales gained 7.2% in July – more than expected. Analysts were looking for home sales at an annualized rate of about 5 million homes and the annualized rate came in at 5.24 million. Here is our report: July Existing Home Sales
Sales of existing homes have risen for 4 consecutive months [...]
The NAR released existing home sales on Thursday, July 23rd and our summary report is here: June Existing Home Sales
