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National market update
Existing-Home Sales Spike in March
WASHINGTON (April 22, 2015)—Existing-home sales jumped in March to their highest annual rate in 18 months, while unsold inventory showed needed improvement, according to the National Association of Realtors®. Led by the Midwest, all major regions experienced strong sales gains in March and are above their year-over-year sales pace.
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Luxury Home Hotspots
Wealthy buyers typically look to leisure-rich hotspots such as Hawaii and Florida for second homes, which they often buy into once they retire. But that’s changing, according to 2015 Luxury Market Report from the Coldwell Banker Previews International program.
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National housing indicators
Existing home sales ()
5.19 million units*
Existing home median price ()
$212,100
Housing Starts ()
9.26 millions units*
New home sales ()
5.39 millions units*
*Seasonally adjusted annual rate. Source: NATIONAL ASSOCIATION OF REALTORS®.
National economic indicators
Home ownership
1st Qtr 2015
+63.7%
1st Qtr 2014
+64.8%
The homeownership rate in the first quarter 2015 was 63.7 percent, down 1.1 (+/- 0.4) percentage points from the first quarter 2014 rate of 64.8 percent. The homeownership rates in the Northeast, South and West were lower than the rates in the first quarter 2014, while the rate in the Midwest was not statistically different from the rate a year ago.
New home sales
March 2015
-11.4*%
February 2015
+5.6%
Sales of new single-family houses in March 2015 were at a seasonally adjusted annual rate of 481,000. This is 11.4 percent (+/- 18.6%)* below the revised February 2015 estimate of 543,000.
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
Real Estate Options of Texas
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Consumer tips & hot properties
No, This Is Not a Housing Bubble
Home prices are soaring across the nation, but this isn't 2008 all over again.
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Open Houses Are Kinda Like First Dates: Here’s How to Know If They’re The One
House hunting is as emotional, exhausting, and all-consuming as dating, and it all begins at the open house. Here's how to fall in love like a pro.
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Solar Panels Are Cheaper Than Ever, So Why Aren’t You Getting Them?
Now that you can lease a solar power system for no money down, there's no reason to keep paying conventional prices.
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Relocating to an Unfamiliar Area? Here’s How to Get Your Bearings
If you're moving across country–or even across town–you'll need to do some serious recon.
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A Brief History of Opening Our Homes to Total Strangers (aka the Open House)
How did weekend open houses become a standard in American real estate? Was there ever a time when they didn't exist? Whose idea was it anyway?
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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®.