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National market update
Existing-Home Sales Retreat 1.8 Percent in June
WASHINGTON (July 24, 2017) — Existing-home sales slipped in June as low supply kept homes selling at a near record pace but ultimately ended up muting overall activity, according to the National Association of Realtors®. Only the Midwest saw an increase in sales last month.
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Work Hard, Play Hard! The 10 Best Cities to Launch a Career
There you are, a bachelor's degree in hand, a spring in your step, gleam in your eye, growing debt on your credit report, and a great desire to move things along. Maybe you've already got a starting gig and a few years of real-world experience under your belt. Maybe you're still kicking back, waiting for your future to crystallize while gorging on angsty, postgrad movie classics like "Slackers," "Reality Bites," or "The Graduate" ("Plastics!"). Either way, you find yourself immersed in that eternal quarter-life crisis:
What are you really going to do with your life? And where are you going to do it?
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National housing indicators
Existing home sales (June)
5.52 millions units*
Existing home median price (June)
$263,800
Housing Starts (June)
1.215 millions units*
New home sales (May)
0.610 millions units*
*Seasonally adjusted annual rate. Source: NATIONAL ASSOCIATION OF REALTORS®.
National economic indicators
Home ownership
2nd Quarter 2017
63.7%
1st Quarter 2017
63.6%
The homeownership rate of 63.7 percent was 0.8 percentage points higher than the rate in the second quarter 2016 (62.9 percent) and not statistically different from the rate in the first quarter 2017 (63.6 percent).
New home sales
May 2017
+2.9%
June 2017
+0.8%
Sales of new single-family houses in June 2017 were at a seasonally adjusted annual rate of 610,000, according to estimates released jointly today by the U.S. Census Bureau and the Department of Housing and Urban Development. This is 0.8 percent (±12.1 percent)* above the revised May rate of 605,000 and is 9.1 percent (±14.4 percent)* above the June 2016 estimate of 559,000.
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
William Zezelic
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
Move Over, Boulder: 10 Cities Where Outdoor Lovers Can Actually Afford to Live
Places with plenty of outdoor activities and fantastic weather have become synonymous with sky-high housing prices. But we found some hidden spots where you can practically live outside—without emptying your 401(k).
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Buyer, Beware: 5 Home-Buying Negotiation Tactics That Can Backfire
We get it: Buying a home means parting with big bucks, so it makes sense to try to get the best deal you can. But there are a few strategies you should avoid—because they could truly cost you.
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7 Home-Staging Ideas You Can DIY to Save Cash
Potential buyers want to be wowed when they go to an open house. Our experts share their DIY home-staging tips to get your home show-ready.
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6 Surprising Reasons to Go to an Open House—Even If You’re Not Buying
Yes, you should get your ducks in a row before house hunting. But cruising open houses can yield valuable information.
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7 Blazing-Hot Landscaping Trends That You Can Tap Into This Summer
If your greenery is looking sad, consider incorporating these popular design flourishes that are here to stay.
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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®.