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National market update
Housing Affordability Index Hits Record High
Washington, March 06, 2012 - NAR President Moe Veissi said the typical family has roughly double the income needed to purchase a median-priced home. "For buyers who can qualify for a mortgage, now is a very good time to become a homeowner.” More...
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February Existing-Home Sales Slip But Up Strongly From a Year Ago
Washington, March 21, 2012 - Lawrence Yun, NAR chief economist, said, "The market is trending up unevenly, with record high consumer buying power and sustained job gains giving buyers the confidence they need to get into the market”. More...
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National housing indicators
Existing home sales ()
4.59 million units*
Existing home median price ()
$156,600
Housing Starts ()
698,000 units*
New home sales ()
313,000 units*
*Seasonally adjusted annual rate. Source: NATIONAL ASSOCIATION OF REALTORS®.
National economic indicators
Home ownership
4th Qtr 11
66.0%
3rd Qtr 11
66.3%
The homeownership rate in the fourth quarter 2011 (66.0 percent) was lower than the fourth quarter 2010 rate (66.5 percent). The homeownership rates in the Northeast, Midwest, South, and West were not statistically different from their corresponding fourth quarter 2010 rates.
New home sales
Feb 11
-1.6%
Jan 12
-5.4%
Sales of new single-family houses in February 2012 were at a seasonally adjusted annual rate of 313,000. This is 1.6 percent (+/- 23.9%)* below the revised January 2012 estimate of 318,000.
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
Lisette A. Arguello
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
Appeal Your Property Tax Bill
To successfully appeal your property tax bill, you first need to do a bit of sleuthing into your real estate assessment. More... Read more
What You Can and Can’t Deduct When You Work From Home
Working from home can offer many advantages including tax deductions. Just take care what you try to write off for your home office on your return. More... Read more
Spring Cleaning, Room by Room
What you need to know to give each room a thorough springtime scrub-down. More...
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What Lifestyle Locales are Newlyweds Flocking to?
According to Inman News, "Rental search site Rent.com has identified 10 metro areas it says are 'wonderful places to create a fun and affordable lifestyle' for those just tying the knot". More...
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What's it Like to have Celebrity Neighbors?
HGTV's Front Door give us a detailed picture of "the ups and downs of living in a city frequented by the rich and famous". More... Read more
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®.