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National market update
Existing-Home Sales Stumble in February
WASHINGTON (March 22, 2017) — After starting the year at the fastest pace in almost a decade, existing-home sales slid in February but remained above year ago levels both nationally and in all major regions, according to the National Association of Realtors®.
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Tough Sell: 6 Bedroom Design Trends That Buyers Hate
The bedroom is probably the most personal room in your house, and not just because it’s where all (or at least some) of the magic happens. After all, it’s where you snuggle up at the end of a long, cold day; where you retreat when you’re sick; where you stash the items that mean the most to you. Most likely, the decor scheme is also pretty close to your heart.
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National housing indicators
Existing home sales (February)
5.48 million units*
Existing home median price (February)
$228,400
Housing Starts (February)
1.288 millions units*
New home sales (January)
0.555 millions units*
*Seasonally adjusted annual rate. Source: NATIONAL ASSOCIATION OF REALTORS®.
National economic indicators
Home ownership
3rd Quarter 2016
63.7%
3rd Quarter 2015
63.8%
The homeownership rate of 63.7 percent was not statistically different from the rate in the fourth quarter 2015 (63.8 percent) or the rate in the third quarter 2016 (63.5 percent).
New home sales
Jan 2017
+3.7%
Dec 2016
+6.1%
Sales of new single-family houses in February 2017 were at a seasonally adjusted annual rate of 592,000, according to estimates released jointly today by the U.S. Census Bureau and the Department of Housing and Urban Development. This is 6.1 percent (±17.3 percent)* above the revised January rate of 558,000 and is 12.8 percent (±18.0 percent)* above the February 2016 estimate of 525,000.
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
Greg LaRue
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
Top 10 Affordable Small Towns Where You’d Actually Want to Live
You don't have to give up having a life to own a house with a backyard in a town with low crime and plenty of jobs. And you'll have plenty of money left in your account to enjoy it!
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The Spring Buying Market Is Definitely Underway
Home buyers are coming out of hibernation, and it only gets more expensive and more competitive from here.
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Buyers Hate These 7 Living Room Design Trends
Does your living room feature any of these dated looks? If so, buyers might give your home a pass.
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5 Stupid Money Mistakes That Can Get Your Mortgage Denied
A financial misstep could change your mortgage terms and interest rate, or even get you denied altogether—even if you have a closing date on the books.
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Don't Fall Victim to These 7 Common Furniture-Buying Fails
It's easy to screw up when you're buying furniture. Here's how to end up with fabulous pieces that you'll be happy with for years to come.
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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®.