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December 2019 Housing Market Recap

The December 2019 Housing Market Recap shows the year ended strongly with an uptick in home sales, but the underlying story is the suppression of greater market growth by the ongoing lack of inventory.  Total existing home sales rose in December after a fall in November.  Sales were up in three regions, with only the…

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January 23, 2020

November 2019 Housing Market Recap

One step forward, one step back.  That seems to be the housing market story of late.  Total existing home sales fell in the November 2019 Housing Market Recap after an increase in October.  However, sales were up in two regions, with the Northeast and Midwest increasing while the West and South fell.  Prices rose yet…

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December 26, 2019

October 2019 Housing Market Recap

Existing home sales rose in October after a drop in September.  However, sales were not up in all regions, with the South and Midwest increasing and the West and Northeast falling.  Prices rose yet again, continuing a trend that began in 2012.  The October 2019 Housing Market Recap also shows days on the market rose,…

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November 26, 2019

September 2019 Housing Market Recap

Existing home sales fell in the September 2019 Housing Market Recap after two months of gains.  Sales dropped across all four regions, with the Midwest taking the biggest loss.  Prices rose yet again, as they have for over seven and a half years.  Days on the market rose slightly, and inventory fell year-over-year, keeping the…

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October 25, 2019

July 2019 Housing Market Recap

After a slowdown in June, existing home sales rose in the July 2019 Housing Market Recap.  While one region saw a drop in sales, gains in the other three regions more than offset that loss.  Prices continued their (apparently inevitable) march upward.  The pace of sales slowed slightly from both the previous month and a…

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August 23, 2019

June 2019 Housing Market Recap

After a promising increase in May, existing home sales dropped as reflected in the June 2019 Housing Market Recap.  While two regions saw small gains in sales, they were more than offset by losses in the other two regions.  Of course, prices aren’t slowing down.  The median sales price for existing homes hit an all-time…

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July 24, 2019

May 2019 Housing Market Recap

After two months of sales declines, existing home sales rose, as reflected in the May 2019 Housing Market Recap.  All regions saw sales gains, with the Northeast leading the charge.  Prices increased yet again, while the pace of sales dropped slightly from the previous month.  Although inventory rose, it remains near historic lows and continues…

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June 24, 2019

April 2019 Housing Market Recap

Existing home sales fell slightly in the April 2019 Housing Market Recap, following a sharp drop in March.  One region actually saw a gain in sales while two fell and one was unchanged.  Prices increased yet again and the pace of sales picked up, both month-over-month and year-over-year.  Inventory rose also, continuing a positive trend…

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May 22, 2019

March 2019 Housing Market Recap

The March 2019 Housing Market Recap reflects that existing home sales fell in March after a strong uptick the month before. All regions saw a drop in sales, with the Midwest taking the biggest hit, but prices continued their climb nationwide. The pace of sales was faster than it was in February, but slower than…

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April 23, 2019

February 2019 Housing Market Recap

The February 2019 Housing Market Recap shows existing home sales grew dramatically in February, marking the biggest month-over-month increase since December 2015.  All regions except the Northeast saw an increase in sales, and prices continued to climb nationwide.  The pace of sales was faster than it was in January, but slower than a year ago. …

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March 26, 2019
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