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National market update
Existing-Home Sales Jump in January
WASHINGTON (February 22, 2017) — Existing-home sales stepped out to a fast start in 2017, surpassing a recent cyclical high and increasing in January to the fastest pace in almost a decade, according to the National Association of Realtors®. All major regions except for the Midwest saw sales gains last month.
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Trump's Congressional Address: What Matters to Real Estate
In his address to Congress on Tuesday night, President Donald Trump renewed his pledge to rebuild the country's infrastructure, replace the Affordable Care Act, and reform taxes for businesses and individuals—all issues of importance to real estate.
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National housing indicators
Existing home sales (January)
5.69 millions units*
Existing home median price (January)
$228,900
Housing Starts (January)
1.246 millions units*
New home sales (December)
0.536 millions units*
*Seasonally adjusted annual rate. Source: NATIONAL ASSOCIATION OF REALTORS®.
National economic indicators
Home ownership
3rd Quarter 2016
+63.5%
3rd Quarter 2015
+63.8%
The homeownership rate of 63.7 percent was not statistically different from the rate in the fourth quarter 2015 (63.8 percent) or the rate in the third quarter 2016 (63.5 percent).
New home sales
Jan 2017
+3.7%
Dec 2016
-10.4%
Sales of new single-family houses in January 2017 were at a seasonally adjusted annual rate of 555,000, according to estimates released jointly today by the U.S. Census Bureau and the Department of Housing and Urban Development. This is 3.7 percent (±18.5 percent)* above the revised December rate of 535,000 and is 5.5 percent (±25.4 percent)* above the January 2016 estimate of 526,000.
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
Rudy Rodriguez
See older entriesDisclaimer: 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
The U.S. Cities With the Fastest-Growing Suburbs
With suburbs offering more space and better schools—all for less money—it's no wonder home buyers are leaving big cities behind. After all, they can always commute back.
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The Early Bird Gets Its Dream Home This Year
If you're planning to buy a home this spring, the time to get started is now, in the waning days of winter.
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5 Things Every Loving Homeowner Should Know About Their Own Home
Your relationship with your home is one that will hopefully last a long time, as long as you lavish it with attention in the right places.
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Do You Know All the Tax Benefits of Owning a Home?
Your home can save you a bundle on April 15. And we've rounded up every last way to take advantage of it.
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These 6 Renovations Are True Homewreckers
There's nothing like a renovation project to drive couples apart. Find out which ones represent the biggest risk.
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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®.
