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National market update
Existing-Home Sales Rise in October with Ongoing Price and Equity Gains
WASHINGTON (November 19, 2012) - Sales of existing homes increased in October, even with some regional impact from Hurricane Sandy, while home prices continued to rise due to lower levels of inventory supply, according to the National Association of Realtors®. More...
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National housing indicators
Existing home sales ()
4.79 million units*
Existing home median price ()
$178,600
Housing Starts ()
894,000 units*
New home sales ()
389,000 units (September)*
*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
Sept 12
+5.7%
Aug 12
-1.3%
Sales of new single-family houses in September 2012 were at a seasonally adjusted annual rate of 389,000. This is 5.7 percent (+/- 14.8%)* above the revised August 2012 estimate of 368,000.
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
Brenna Abels
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Consumer tips & hot properties
Buying and Storing Firewood
Knowing how to evaluate, buy, and store firewood is key to the safe, efficient operation of your fireplace, wood stove, or fireplace insert. More...
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Justin Beiber Almost Ashton Kutcher's Landlord
After Ashton Kutcher caught wind that Justin Bieber was interested in buying the home that Kutcher was renting, Kutcher scrambled to buy the home that was listed for $10.8 million. More... Read more
Fall Maintenance: Inside and Out
"As fall ushers out summer, this month marks a good time to prepare your home for the chilly air, falling leaves, and impending winter months." Ilyce Glick, for Equifax, writes that it's time to "check off some items from my essential home maintenance to-do list". More...
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7 Unique Home Office Solutions
Inc.'s Marla Tabaka asks if you are "Tired of a cramped home office space?" Here are 7 very creative solutions to consider. More...
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Existing Home Statistics
View statistics based on national data, regional data and data gathered from 159 cities & metropolitan areas.
National Statistics
Statistics by City or Metropolitan Area
Regional Statistics
Source: NATIONAL ASSOCIATION OF REALTORS®.