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Tag:
existing home sales
Housing News
Existing home sales slip: tight inventory, dip in cash buyers
Existing home sales fell for the month as inventory levels remain tight, but this has led to improving home values and dramatically reduced days on market for American homes.
Economic News
Existing home sales hold steady in January
Demand is steadily increasing for housing, but inventory continues to tighten, leaving existing home sales in a steadily improving position, restricted by the low number of available units for sale.
Housing News
Existing home sales up, pent up demand sustaining housing market
As one in a string of positive indicators for housing, although closed transactions slipped slightly in December, the market is finally seeing pre-recession signs of health on the long road to recovery.
Housing News
Existing home sales at highest level in four years
Existing home sales are up, prices are improving, inventory is tight, and housing is showing signs of improvement, but the sector has found its bottom and is not recovered, rather starting that long road toward a recovery.
Economic News
NAR: existing home sales in July rise
Despite inventory levels being nearly a quarter below July 2011, existing home sales improve for the fifth consecutive month, according to the National Association of Realtors.
Economic News
Home prices rise, sales constrained as supply remains tight
Although sales of all types of construction slipped in May, the NAR explains that tightening inventory is to blame.
Economic News
NAR: home prices firming, sales to rise 7 to 10 percent in 2012
As the National Association of Realtors reports slight market improvements, forecasts are changing and looking more optimistic for late 2012, but lending conditions remain tight across the nation.
Housing News
Home prices hit new lows in nine cities, as five cities improve
Home prices continue to slide, regardless of other improving economic indicators, which presents a major challenge to a housing recovery, particularly in cities like Las Vegas which is down 61.7 percent from its peak and Phoenix down 54.2 from its peak.