Existing Home Sales Report: December 2011
Today, the National Association of Realtors (NAR) released their Existing Home Sales Report for December showing an increase in sales with total home sales climbing 5.0% since November and 3.6% above the level seen in December 2010.
Single family home sales increased 4.6% from November and rose 4.3% above the level seen in December 2010 while the median selling price declined 2.5% below the level seen in December 2010.
Inventory of single family homes declined 10.7% from November dropping 19.7% below the level seen in December 2010 which resulted in a monthly supply of 6.1 months.
The following charts (click for full-screen dynamic version) shows national existing single family home sales, median home prices, inventory and months of supply since 2005.
Labels: economy, existing home sales, housing
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PaperEconomy Blog - www.papereconomy.com
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PaperEconomy Blog - www.papereconomy.com
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3 Comments:
The environment for this page is so relaxing, the designers mix perfectly the right colors. Very pleased to have read this such information regarding home sales. Such a nice article that is concise and instructive that is worth reading for.
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Real Estate Perth, at 10:32 PM
I want bama to buy and pay for my house. Where is my bama money?
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