California Realtors see dip in home sales next year, but rising pricesOctober 7th, 2009 Forecast: California home sales to slow in 2010LOS ANGELES — Home sales in California are expected to dip next year, bucking the national trend, as unemployment and the loss of a tax incentive for homebuyers weigh on the country's largest housing market, a forecast Wednesday showed. The California Association of Realtors' 2010 housing market forecast calls for home sales to slow by 2.3 percent from a projected 540,000 homes this year to 527,000 next year.
Pending US home sales rise for sixth straight month in July to highest level since June 2007September 1st, 2009 July pending home sales rise to 2-year highWASHINGTON — A gauge of future U.S. home sales rose more than expected in July to the highest level in over two years as first-time buyers rushed to take advantage of a tax credit that expires this fall.
Realtors group says home sales increase from 1st quarter to 2nd, sign of stabilizationAugust 12th, 2009 Home sales rise from 1st quarter to 2ndWASHINGTON — U.S. home sales grew in the second quarter in 39 states, another sign that the ailing housing market is finally coming to life.
Realtors group says median home prices increase from 1st quarter to 2nd, sign of stabilizationAugust 12th, 2009 Median home price rise from 1st quarter to 2ndWASHINGTON — A real estate group says U.S. home prices posted a gain in the second quarter, another sign that the ailing housing market is finally coming to life.
Pending home sales rise in June for 5th consecutive monthAugust 4th, 2009 Pending home sales index rises again in JuneWASHINGTON — Pending U.S. home sales rose in June for the fifth straight month, another encouraging sign of life for the embattled U.S.
Existing home sales rise 3.6 percent in June in third straight monthly increaseJuly 23rd, 2009 June existing home sales rise by 3.6 percentWASHINGTON — The U.S. housing market has started to recover from the most far-reaching crisis since the Great Depression, data released Thursday shows.
Data show US housing market starts to recover from most far-reaching crisis since DepressionJuly 23rd, 2009 Data show housing market starting to recoverWASHINGTON — The U.S. housing market has started to recover from the most far-reaching crisis since the Great Depression, data released Thursday show.
Oil prices rise over better housing dataJuly 23rd, 2009 NEW YORK - The oil prices ended above $67 a barrel Thursday after data showed existing home sales jumped for the third straight month in June. Light, sweet crude for September delivery rose $1.76, or 2.7 percent, to settle at $67.16 a barrel on the New York Mercantile Exchange.
Pending home sales rise for 4th straight month in May as low prices boost activityJuly 1st, 2009 Pending home sales up 4th straight month in MayWASHINGTON — A private group says pending home sales rose in May for the fourth straight month, fresh evidence that the housing sector may be recovering. The National Association of Realtors says that its seasonally adjusted index of pending sales increased by 0.1 percent to 90.7.
Existing home sales rose 2.4 percent in May; prices plunge 16.8 percentJune 23rd, 2009 May existing home sales rose by 2.4 percentWASHINGTON — Sales of previously occupied homes rose modestly from April to May, the third monthly increase this year, but signs of a housing recovery are fragile at best. The National Association of Realtors said Tuesday that home sales rose 2.4 percent last month to a seasonally adjusted annual rate of 4.77 million, from a downwardly revised pace of 4.66 million in April.
Pending US home sales rise more than expected in April, biggest monthly jump in nearly 8 yearsJune 2nd, 2009 Pending home sales rise 6.7 percent in AprilWASHINGTON — The number of U.S. homebuyers who agreed to buy a previously occupied home took the largest monthly jump in nearly eight years in April, but there are still plenty of danger signs for the U.S.
Median home prices fell in 88 percent of US metropolitan areas in first quarter of 2009May 12th, 2009 Median home prices fell nationwide in 1QWASHINGTON — Home prices fell in nearly nine out of every 10 U.S. cities in the first quarter of this year as first-time buyers looking for bargains dominated the market.
Median home prices fall in most metro areas, recovery hinges on first-time buyers, jobs marketMay 12th, 2009 Median home prices fall in 88 percent of citiesWASHINGTON — Home prices fell in nearly nine out of every 10 U.S. cities in the first quarter of this year as first-time buyers looking for bargains dominated the market.
Pending home sales rise 3.2 percent in March in second straight month of increasesMay 4th, 2009 Pending home sales up 3.2 percent in MarchWASHINGTON — There was another ray of hope Monday for the distressed housing market: the National Association of Realtors said the volume of signed contracts to buy previously occupied homes rose for the second month in a row. Homebuyers taking advantage of bargain prices, low interest rates and a tax credit for first-time buyers pushed the seasonally adjusted index of pending sales up by 3.2 percent to 84.6 in March.
Existing home sales fall 3 percent in March; prices plunge 12 percentApril 23rd, 2009 March existing home sales fall by 3 percentWASHINGTON — First-time homebuyers looking for bargains snapped up about half of all homes sold last month, but the spring selling season is getting off to a lackluster start with sales falling more than expected from February levels. Home sales fell 3 percent to an annual rate of 4.57 million in March month from a downwardly revised pace of 4.71 million units in February, the National Association of Realtors said Thursday.
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