Paper Economy - A US Real Estate Bubble Blog

Thursday, January 23, 2014

Existing Home Sales Report: December 2013

Today, the National Association of Realtors (NAR) released their Existing Home Sales Report for December showing increasing sales with total home sales rising 1% since November but falling 0.6% below the level seen in December 2012.

Single family home sales also rose climbing 1.9% from November falling 0.7% below the level seen in December 2012 while the median selling price increased 9.8% above the level seen a year earlier.

Inventory of single family homes declined from November to 1.64 million units and climbed 1.9% above the level seen in December 2012 which, along with the sales pace, resulted in a monthly supply of 4.6 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.



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5 Comments:

  • This comment has been removed by the author.

    By Blogger Sanjay Savant, at 4:40 AM  

  • Hey, it is the really nice post about US Real estate. You can also find the more info about the IT Park in India Visit today. And to know more info of IT Park in India.

    By Blogger Wardha ITPark, at 1:18 AM  

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    By Blogger michiganrealestate homes, at 11:37 AM  

  • This is really good news that the property sales increased in US. Real estate grows day by day. But it depends upon the place and most important the condition of the property.
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    By Blogger FsboQatar, at 5:36 AM  

  • The report is a good indication. The increase in sales means that there is a good market. I think, the same thing goes the same in Frisco TX. Check out the homes for sale there.

    By Blogger John, at 4:31 PM  

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