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Several cautions apply when interpreting new home sales statistics: Statistics exclude any new houses that were not built for immediate sale. For example, in the situation where a purchaser commissions a builder to build a house on a lot that the purchaser already owns, this housing unit would not be included in the statistics.
Sales broker, seller agency, seller agent, seller representative: This is a traditional role where the salesman represents a person or company on the selling end of a deal. Sales managers aim to implement various sales strategies and management techniques in order to facilitate improved profits and increased sales volume.
The decrease in existing-home sales is the steepest since 1989. In Q1/2007, S&P/Case-Shiller house price index records first year-over-year decline in nationwide house prices since 1991. [ 55 ] The subprime mortgage industry collapses, foreclosure activity increases [ 56 ] and rising interest rates threaten to depress prices further as problems ...
Existing-home sales in January 2024 rose 3.1 percent from December but remain down 1.7 percent from a year ago, according to the National Association of Realtors.
In the South, existing-home sales declined 4.8% in October from September to an annual rate of 1,980,000, down 27.2% from this time last year. It was the same story in the West. Home sales waned 9 ...
High mortgage rates and rising prices continued to put a damper on the spring homebuying season last month. Existing home sales fell 1.9% to a seasonally adjusted annual rate of 4.14 million in ...
The figures for sales of homes are annualized rates for the month indicated (e.g., sales for the month multiplied by 12, I assume). Inventory data is as of that point in time. These are NOT quarterly figures; I simply picked quarter-ending months. Below is a typical reference for one of their monthly press releases and for the spreadsheet summary.
WASHINGTON (Reuters) -U.S. existing home sales fell for a third straight month in May as record-high prices and a resurgence in mortgage rates sidelined potential buyers from the market. There was ...