Existing home sales rebound in July

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Existing-home sales decreased 1.2 percent in January. Despite this decline, NAFCU Chief Economist and Vice President of Research Curt Long said he expects the market to rebound in the coming months.

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Existing Sales Rebound By Stephen Melman on April 20, 2016 (). Existing home sales, as reported by the National Association of Realtors (NAR), increased 5.1% in March, rebounding from the 7.1% tumble in February but showing no signs of increased activity among first-time buyers. The first-time buyer share of 30% in march remained unchanged from last month as well as March 2015.

Total existing-home sales, completed transactions that include single-family homes, townhomes, condominiums and co-ops, jumped 2.5% from April to a seasonally adjusted annual rate of 5.34 million in May. Total sales, however, are down 1.1% from a year ago (5.40 million in May 2018).

Consumer confidence stabilizes after a series of declines Consumer confidence dipped once again in March after bouncing back slightly in February. The consumer confidence index fell by 7.3 points, coming in at 124.1. Experts say that consumer confidence.

Sales of existing homes increase to a 11-month high, given declining mortgage rates and a higher inventory level. existing home Sales Rebound in February, Hit 11-Month High Home

“Goods-producing industries will provide the main source of strength on a rebound in manufacturing output and sustained..

KENTUCKY HOME SALES REBOUND IN AUGUST 2018 Kentucky home sales followed the national trend by rising in August and reaching 5,485 transactions. This is a 4.3 percent increase over August 2017 and the second highest monthly sales for the state since June 2017. For the year, home sales are trailing 2017 by just 1.02 percent, with 35,838 transactions through the first eight months of the year.

 · CoreLogic Chief Economist Frank Nothaft said, "Home sales continued their brisk rebound in July and home prices reflected that." He was referring to the 5.4% bump in July new home sales and the 2%.

Sales of existing homes were up strongly from June in the West, among the weakest regions in prior months, but were down in every other region – especially in the Northeast. The median (seasonally adjusted) price of existing homes sold in July was $257,200, up 4.5 percent from a year ago and 0.8 percent from June, the first monthly gain after.

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The National Association of Realtors (NAR) released its existing home sale data for September 2015, showing a 4.7% increase in existing home sale activity from last month. Existing home sales.

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