February 2015 National Housing Trends Newsletter

Angela Yglesias

Levesque Realty 

Cell: 805-490-4944   
Phone: 805-490-4944 

Housing Trends February 2015 View archives

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Take a look at our real estate glossary to learn definitions of common words and phrases used in the industry.

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National market update

Existing-Home Sales Lose Momentum in November as Inventory Slightly Tightens

WASHINGTON (February 23, 2015) – Existing-home sales declined in January to their lowest rate in nine months, but the pace was higher than a year ago for the fourth straight month, according to the National Association of Realtors®. All major regions experienced declines in January, with the Northeast and West seeing the largest.

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Home-Price Growth Slightly Accelerates in Fourth Quarter of 2014

WASHINGTON (February 11, 2015) – The majority of metropolitan areas experienced steady but slightly stronger price growth in the fourth quarter of 2014, behind a decline in housing supply and an uptick in demand fueled by lower interest rates and a stronger job market, according to the latest quarterly report by the National Association of Realtors®.

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National housing indicators

Existing home sales (February )

4.82 millions units*

Existing home median price (February )

$199,600

Housing Starts (February )

1.065 millions units*

New home sales (February )

4.81 millions units*

*Seasonally adjusted annual rate. Source: NATIONAL ASSOCIATION OF REALTORS®.

National economic indicators

Home ownership

4th Qtr 2014

+64.0%

4th Qtr 2013

+65.2%

The homeownership rate in the fourth quarter 2014 was 64.0 percent, down 1.2 (+/- 0.4) percentage points from the fourth quarter 2013 rate of 65.2 percent. The homeownership rates in the Northeast, Midwest and South were lower than the rates in the fourth quarter 2013, while the rate in the West was not statistically different from the rate a year ago.

New home sales

January 2015

-0.2%

December 2014

+8.1%

Sales of new single-family houses in January 2015 were at a seasonally adjusted annual rate of 481,000. This is 0.2 percent (+/- 22.2%)* below the revised December 2014 estimate of 482,000.

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 150 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

• CA - Anaheim-Santa Ana Region Real Estate Market
• CA - Los Angeles Region Real Estate Market
• CA - Riverside Region Real Estate Market
• CA - Sacramento Region Real Estate Market
• CA - San Diego Region Real Estate Market

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Local Sales & Price Activity

• CA - Northern Bay Region Real Estate Market
• CA - Inland Empire Real Estate Market
• CA - Los Angeles Real Estate Market
• CA - Pleasanton & Alameda County Real Estate Market
• CA - Riverside/Coachella Valley Real Estate Market

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Representing residential and commercial buyers and sellers in Ventura and LA Counties.

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.

Consumer tips & hot properties

Our Housing Report Says the Market Is Out of Whack—But With 4 Bright Spots

Realtor.com’s monthly housing report reveals a national market struggling to balance supply and demand—but with four bright spots.

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5 Tax Mistakes New Homeowners Make

Taxes aren’t all bad; homeowners get more tax benefits than renters. And if you can avoid these five common mistakes, you’ll survive tax season.


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Should You Bring Kids to an Open House?

It’s a dilemma every growing family faces: Bring the kids to an open house—or hire a sitter? A veteran agent tackles the question.

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10 Home-Buying Costs You Need to Know About

If you’re a first-time home buyer, you might be a little more than perplexed by some of those fees that come with signing. Knowing what you’re paying for can ease that check-writing pain.

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You Could Get 3 Big Tax Breaks—If You Buy a Home in 2015

In many ways, 2015 is a great time to buy a home, not the least of which is for certain tax breaks.

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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

• Housing Affordability Index
• National Existing Home Sales
• National Sales Price of Existing Homes

Statistics by City or Metropolitan Area

• Single-family Home Prices
• Condo/Co-op Prices

Regional Statistics

• Existing Home Sales
• Sales Price of Existing Homes
• Existing Single Family Home Sales
• Sales Price of Existing Single-Family Homes
• Existing Condo/Co-op Sales
• Sales Price of Existing Condo/Co-op Homes

Source: NATIONAL ASSOCIATION OF REALTORS®.

Housing Trends eNewsletter is filled with U.S. Census Bureau key market indicators, consumer videos, blogs, a real estate glossary, mortgage rates and calculators, consumer articles, real estate radio, realtor.com® local community reports and local and national real estate sales and price activity provided by local MLSs and the National Association of REALTORS®.

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