Existing Home Sales rose in March, as expected. U.S. homebuyers closed on 7 percent more homes as compared to February.
Home Resales Boom Into The End Of The Tax Credit; Home Values Seen Rising.
Category: Existing Home Sales
Existing Home Sales Flatten And Point To A Much Better Spring
As expected, Existing Home Sales fell in February, slipping 30,000 units versus January’s numbers. It’s the 4th straight month in which Existing Home Sales were lower, month-over-month. But it may not last long.
Existing Home Sales Drop Again In January But Stay On The Trendline
Anecdotal evidence is showing sales activity higher through February and into March. And, although it’s unlikely we’ll see a spike through April like we did last November, buy-side demand for homes should remain strong. The good news of the sagging sales reports is that today’s buyers may find home prices are lower and sellers are more willing to negotiate.