Posts Tagged ‘months supply of homes’

June Existing-Home Prices Rise Again, Sales Down with Constrained Supply

Monday, August 6th, 2012

WASHINGTON (July 19, 2012) – Existing-home prices continued to show gains but sales fell in June with tight supplies of affordable homes limiting first-time buyers, according to the National Association of Realtors®. Total existing-home sales1, which are completed transactions that include single-family homes, townhomes, condominiums and co-ops, declined 5.4 percent to a seasonally adjusted annual […]

New Home Sales Rise 7.6% in May

Sunday, July 8th, 2012

Sales of newly built, single-family homes rose 7.6 percent to a seasonally adjusted annual rate of 369,000 units in May 2012, according to newly released data from HUD and the U.S. Census Bureau. “The relatively strong increase in new-home sales this May is an indication that more potential home buyers are being drawn to the […]

Existing-Home Sales Constrained by Tight Supply in May, Prices Continue to Gain..

Tuesday, June 26th, 2012

WASHINGTON (June 21, 2012) – Limited supplies of housing inventory held back existing-home sales in May, but sales maintained a strong lead over year-ago levels and home prices are on a sustained uptrend in all regions, according to the National Association of Realtors®. Total existing-home sales1, which are completed transactions that include single-family homes, townhomes, […]

Charlotte Market Report for May 2012- Here’s what’s happening out there!

Saturday, June 2nd, 2012

Here are some highlights of the May 2012 numbers in the Charlotte area real estate market.  The local market continues to slowly strengthen along with the national market, as indicated by the statistics below.  The following is based on information from the Carolina Multiple Listing Services, Inc. (CMLS) for the period May 2010 through May 2012 for the entire […]