April Housing Trends eNewsletter is out!


The April Market Trends eNewsletter is out!

National market update

Existing-Home Sales Remain Soft in March

WASHINGTON (April 22, 2014) – Existing-home sales were essentially flat in March, while the growth in home prices moderated, according to the National Association of Realtors®. Sales gains in the Northeast and Midwest were offset by declines in the West and South.Read more

Vacation Home Sales Surge in 2013, Investment Property Declines

WASHINGTON (April 2, 2014) – Vacation home sales rose strongly in 2013, while investment purchases fell below the elevated levels seen in the previous two years, according to the National Association of Realtors®. Read more

National housing indicators

Existing home sales (March)

4.59*

Existing home median price (March)

$198,500

Housing Starts (March)

946,000*

New home sales (March)

440000*

*Seasonally adjusted annual rate. Source: NATIONAL ASSOCIATION OF REALTORS®.

National housing indicators

Existing home sales (March)

4.59*

Existing home median price (March)

$198,500

Housing Starts (March)

946,000*

New home sales (March)

440000*

*Seasonally adjusted annual rate. Source: NATIONAL ASSOCIATION OF REALTORS®.

The homeownership rate in the fourth quarter 2013 was 65.2 percent, down 0.2 (+/- 0.4)* percentage points from the fourth quarter 2012 rate of 65.4 percent. The homeownership rate in the Northeast was lower than its corresponding fourth quarter 2012 rate, while the rates in the Midwest, South, and West were not statistically different from the rates a year ago.

New home sales

February 2014

-4.5%

March 2014

-14.5%

Sales of new single-family houses in March 2014 were at a seasonally adjusted annual rate of 384,000. This is 14.5 percent (+/- 12.9%) below the revised February 2014 estimate of 449,000.

Source: U.S. CENSUS BUREAU

 

Please read on… Housing Trends eNewsletter- Erika Lewis.


About Erika Lewis

Mother, Wife, Blogger, REALTOR® & Real Estate Professional in Atlanta. Allow me to connect you with a Top REALTOR®/Real Estate Agent in your local market. Contact me today! [email protected]