Thursday, June 20, 2013

Existing Home Sales Report: May 2013

Today, the National Association of Realtors (NAR) released their Existing Home Sales Report for May showing an increase in sales with total home sales rising a notable 4.2% since April and climbing 12.9% above the level seen in May 2012.

Single family home sales also improved climbing a whopping 5.0% from April and rising 12.7% above the level seen in May 2012 while the median selling price increased a notable 15.8% above the level seen a year earlier.

Inventory of single family homes increased from April to 1.98 million units but still remained 9.2% below the level seen in May 2012 which, along with the sales pace, resulted in a monthly supply of 5.2 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.



15 comments:

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  2. Great report of real estate home sales even real estate gujarat is coming up suddenly. real estate agents thane are getting many residential property available for sale.

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  3. Some interesting statistics. The market is very strong now, but it may not be this robust for the rest of the year. It will continue to improve, but not at this rate. Just my guess and I hope that I'm wrong.

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  4. I want to know the current situation of the US real estate.is it still in booming position.thanks for sharing such a nice article with us.for property shopping anywhere in India visit property stores.

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  5. Thanks for the statistics. I hope the slight gain continues.. Here in Colorado, March Boulder home sales were up 47% over Feb; condo/town homes up 50%! And home inventories are seeing a slight gain, but it's still a seller's market.

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  6. I am wondering to see the existing home sales report. I was searching for this kind of report especially for Florida Real Estate Miami. It is useful report for me but I wish to have it same as for Florida Real Estate.

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