| Existing-Home Sales Slide on Tight Mortgage Availability |
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WASHINGTON, September 24, 2008 - Existing-home sales were down in August following a healthy gain in July as tight mortgage credit curtailed activity, according to the National Association of Realtors®. Sales rose in the Midwest and South but fell in the Northeast and West. More...
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| Near-Term Home Sales to Stay in Narrow Range |
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WASHINGTON, September 09, 2008 - The level of home sales is expected to show little movement in the months ahead, according to the latest projections by the National Association of Realtors®. More...
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| Pending Home Sales Up Strongly |
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WASHINGTON, October 08, 2008 - Pending home sales activity surged as buyers took advantage of low home prices and affordable interest rates, according to the National Association of Realtors®.
Lawrence Yun, NAR chief economist, said home buyers were responding to improved affordability. "What we’re seeing is the momentum of people taking advantage of low home prices, with pending home sales up strongly in California, Nevada, Arizona, Florida, Rhode Island and the Washington, D.C., region,” he said. "It’s unclear how much contract activity may be impacted by the credit disruptions on Wall Street, but we’re hopeful most of the increase will translate into closed existing-home sales.” More...
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| Don't Curb Buyers' First Impression |
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You might think the age of online real estate listings and virtual tours has rendered curb appeal less important than in days gone by. But you’d be mistaken. Sure, a potential buyer’s first impression of your home might be of your kitchen or living room, displayed on her computer screen from the comfort of her own home. More...
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| Barron's Online Randall Forsyth Discusses Lending and Housing Crisis |
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Will 'The Donald' bale you out? Listen to Randall Forsyth, Editor of Barron's Online, discuss the future of the mortgage crisis in his Video
Watch Video
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| Townhouse Sells for $99 Million in Moscow |
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WJS's THE WEALTH REPORT blog by Robert Frank looks at the lives and culture of the wealthy.
Russian petrodollars are fueling a luxury property boom in Moscow. But a seven-story, 14,000-square-foot townhome purchased for $99 million by an anonymous Russian business tycoon is raising eyebrows as it sets records. More...
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| Wall Street Journal's House of the Week - Built for Art House |
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WSJ's House of the Week is Built for Art
"A stunning Los Angeles ultramodern residence features an open floor plan built to display high-end contemporary art. With 11,000 square feet of expansive space including a sunken living room with zinc dome, a reflecting pool, and a chic Holmby Hills address, this mansion is yours for only $25 million – art not included. More...
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Existing Home Sales
(August 2008)
4.91 million units* |
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Existing Home Median Price
(August 2008)
$203,100 |
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Housing Starts
(August 2008)
895,000 units* |
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New Home Sales
(August 2008)
460,000 units* |
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*seasonally adjusted annual rate
Source NATIONAL ASSOCIATION OF REALTORS®. |
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Metropolitan Prices & State Sales |
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| National Home Sales |
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Homes
4,910,000 |
Single Family
4,350,000 |
Condo/Co-op
560,000 |
| vs. last month: |
 -2.2% |
-1.4% |
-8.2% |
| vs. last year: |
-10.7% |
-9.6% |
-19.0% |
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Click Here to view details |
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| National Sales Price of Homes |
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| Regional Home Sales |
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U.S.
4 ,910,000 |
Northeast
850,000 |
Midwest
1,140,000 |
South
1,860,000 |
West
1,070,000 |
| vs. last month: |
-2.2% |
-6.6% |
 0.9% |
0.5% |
-5.3% |
| vs. last year: |
-10.7% |
-15.0% |
-12.3% |
-15.1% |
4.9% |
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Click Here to view details
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| Regional Sales Price of Homes |
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U.S.
$203,100 |
Northeast
$271,000 |
Midwest
$168,000 |
South
$176,500 |
West
$251,600 |
| vs. last year: |
-9.5% |
-3.8% |
-5.6% |
-3.4% |
-23.9% |
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Click Here to view details
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| Regional Single Family Home Sales |
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U.S.
4,350,000 |
Northeast
620,000 |
Midwest
1,030,000 |
South
1,720,000 |
West
980,000 |
| vs. last month: |
-1.4% |
-6.1% |
1.0% |
1.8% |
-5.8% |
| vs. last year: |
-9.6% |
-13.9% |
-11.2% |
-14.4% |
6.5% |
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Click Here to view details
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| Regional Sales Price of Single-Family Homes |
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U.S.
$201,900 |
Northeast
$274,400 |
Midwest
$164,800 |
South
$177,600 |
West
$254,900 |
| vs. last year: |
-9.7% |
-4.7% |
-5.7% |
-3.1% |
-24.8% |
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Click Here to view details
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| Regional Condo/Co-Op Sales |
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U.S.
560,000 |
Northeast
230,000 |
Midwest
110,000 |
South
140,000 |
West
90,000 |
| vs. last month: |
-8.2% |
-8.0% |
0.0% |
-12.5% |
0.0% |
| vs. last year: |
-19.0% |
-17.3% |
-22.0% |
-20.5% |
-6.3% |
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Click Here to view details
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| Regional Sales Price of Condo/Co-ops |
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U.S.
$212,600 |
Northeast
$261,900 |
Midwest
$197,900 |
South
$163,200 |
West
$215,400 |
| vs. last year: |
-7.2% |
-2.1% |
-2.4% |
-10.1% |
-17.9% |
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Click Here to view details
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