The NAR reported existing home sales declined -1.9% from last month and are up 10.7% from last year. Sales have increased on a yearly basis for the last 27 months in a row. Inventories are still a very tight five months of supply. Inventories increased 2.0% from last month but are down, -7.4% from a year ago. Existing homes sales nationwide have increased 10.7% from a year ago.
July 2013 New Residential Single Family Home Sales plunged -13.4% to 394,000 in annualized sales and April through June were significantly revised lower. New Single Family Housing inventory is now a 5.2 month supply. New single family home sales are now 6.8% above July 2012 levels, but this figure is well within the ±18.6% margin of error.
June New Residential Single Family Home Sales increased 8.3% to 497,000 in annualized sales. This change is well within the statistical error margin of ±20.5%. New Single Family Housing inventory is at a 3.9 month supply low. New single family home sales are now 38.1% above June 2012 levels, but this figure has a ±22.0% margin of error.
The NAR reported existing home sales declined -1.2% from last month and May figures were revised down by 40,000 annualized units. The revision gives a 3.4% monthly May gain instead of the 4.2% originally reported. Inventories are still a very tight 5.2 months of supply, a 4.0% increase from last month's five month supply and a -18.8% annual drop in supply for existing sales demand.
The NAR reported existing home sales jumped 4.2% from last month and inventories are still a very tight 5.1 months of supply for May 2013. Existing homes sales have increased 12.9% from a year ago. Volume was 5.18 million against April's 4.97 million annualized existing home sales.
April New Residential Single Family Home Sales increased 2.3% to 454,000 in annualized sales. New Single Family Housing inventory is at a 4.1 month supply. New single family home sales are now 29.0% above April 2012 levels, but this figure has a ±20.7% margin of error. A year ago new home annualized sales were 352,000.
March New Residential Single Family Home Sales increased 1.5%, or 417,000 annualized sales. New Single Family Housing inventory is at a 4.4 month supply. New single family home sales are now 18.5% above March 2012 levels, but this figure has a ±17.2% margin of error. A year ago new home sales were 352,000.
NAR reported their March 2013 Existing Home Sales. Existing home sales decreased -0.6% from last month and inventories increased to a still very tight 4.7 months of supply. Existing homes sales have increased 10.3% from a year ago. Volume was 4.92 million against February's 4.95 million, annualized existing home sales.
NAR reported their February 2013 Existing Home Sales. Existing home sales increased 0.8% from last month and inventories increased to a still very tight 4.7 months of supply. Existing homes sales have increased 10.2% from a year ago. Volume was 4.98 million against January's 4.94 million, annualized existing home sales.
January New Residential Single Family Home Sales soared 15.6%, or 437,000 annualized sales. Single family new home sales have not been this high since July 2008. Housing inventory is at a 4.1 month supply. Inventories haven't been this low since March 2005.
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