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Dennis Norman This week I attended an event at the St. Louis Association of REALTORS® in which Lawrence Yun, Chief Economist for the National Association of REALTORS® was the featured speaker and gave his take on the housing market as well as his housing market outlook. Tweet This Post Dennis Norman By: Dennis Norman According to the latest report released today from the National Association of REALTORS(R), existing home sales in August dropped 2.7 percent to a seasonally adjusted rate of 5.1 million units down from a level of 5.24 million units in July. This drop follows four-consecutive months of increases in the pace of Continue reading… Existing homes sales down 2.7 percent in August but up 3.4 percent from a year ago Dennis Norman By: Dennis Norman More good news on housing-house buyers are coming back and the housing market is setting records! According to the latest report released today from the National Association of REALTORS(R), existing home sales in July rose 7.2 percent to a seasonally adjusted rate of 5.24 million units up from a level of 4.89 Continue reading… Existing Home Sales rose 7.2 percent in July Dennis Norman The good news about the real estate market keeps coming! Don’t get too excited yet, I don’t know that the worst of it is over yet, not sure if the “fat lady has sang” yet or not, but at least the reports lately on the market have been encouraging. According to the latest report Continue reading… More good news; Home sales rise in 39 states in 2nd quarter Lawrence Yun, Chief Economist, NAR By: Dennis Norman Today the National Association of REALTORS(R) issued their Pending Home Sales Index Report for June showing pending sales were up for the fifth consecutive month, the first time in six-years for such a streak. This along, with other recent good reports on housing, indicate the strong possibility that Continue reading… Pending home sales increase for 5th month in a row in June Dennis Norman By: Dennis Norman Today the National Association of REALTORS(R) released its existing home sales report for June showing an increase in sales for the 3rd month in a row and home prices declining less sharply. Existing home sales, including single-family, town-homes, condominiums and co-ops increased 3.6% in June to a seasonally adjusted annual rate of Continue reading… Existing home sales for June up 3.6% over May – 3rd month for gain By: Dennis Norman Lawrence Yun, Chief Economist, NAR The National Association of REALTORS(R) issued their Pending Home Sales Index Report for May which showed a very modest increase of 0.1% on the index, over April, however May marks the fourth month in a row the index has increased. It was almost five years ago (October, 2004) the last Continue reading… Pending home sales increase again in May – Fourth month in a row |
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