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National market update
November Existing-Home Sales & Prices Maintain Uptrend
WASHINGTON (December 20, 2012) - Existing-home sales continued to improve in November with low inventory supply pressuring home prices, according to the National Association of Realtors®. More...
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National housing indicators
Existing home sales ()
5.04 million units*
Existing home median price ()
$180,600
Housing Starts ()
861,000 units*
New home sales ()
377,000*
*Seasonally adjusted annual rate. Source: NATIONAL ASSOCIATION OF REALTORS®.
National economic indicators
Home ownership
3rd Qtr 12
65.5%
3rd Qtr 11
66.3%
The homeownership rate in the third quarter 2012 (65.5 percent) was lower than the third quarter 2011 rate (66.3 percent). The homeownership rate in the South was lower than the corresponding second quarter 2011 rate, while the rates in the Northeast, Midwest, and West were not statistically different.
New home sales
Nov 12
+4.4%
Oct 12
-3.5%
Sales of new single-family houses in November 2012 were at a seasonally adjusted annual rate of 377,000. This is 4.4 percent (+/- 16.8%)* above the revised October 2012 estimate of 361,000.
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
Michelle Cannon
Disclaimer: 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.
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Existing Home Statistics
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National Statistics
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Regional Statistics
Source: NATIONAL ASSOCIATION OF REALTORS®.