December 2016 National Housing Trends eNewsletter

Angela Yglesias

Levesque Realty 

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

Housing Trends December 2016 View archives

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National market update

Existing-Home Sales Forge Ahead in November

WASHINGTON (December 21, 2016) — A big surge in the Northeast and a smaller gain in the South pushed existing-home sales up in November for the third consecutive month, according to the National Association of Realtors®.



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America's Hottest Markets for Real Estate in December 2016

"On Dasher, on Dancer … on U.S. home buyers!” At least, that’s what Santa might say if he were checking out realtor.com® data while making his express prime deliveries (guaranteed delivery by Christmas morning) later this month. We took an early peek at the stats for December 2016 and found that, much like demand for toys and candy canes, demand for real estate showed no signs of slowing down for the holidays.



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National housing indicators

Existing home sales (Nov)

5.61 millions units*

Existing home median price (Nov)

$234,900

Housing Starts (Nov)

1.090 millions units*

New home sales (Oct)

0.563 millions units*

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

National economic indicators

Home ownership

3rd Quarter 2016

+63.5%

3rd Quarter 2015

+63.7%

The homeownership rate of 63.5 percent was not statistically different from the third quarter 2015 rate (63.7 percent) and 0.6 percentage points (+/-0.4)* high than the second quarter 2016 rate(62.9 percent).

New home sales

Nov 2016

+5.2%

Oct 2016

-1.9%

Sales of new single-family houses in November 2016 were at a seasonally adjusted annual rate of 592,000, according to estimates released jointly today by the U.S. Census Bureau and the Department of Housing and Urban Development. This is 5.2 percent (±14.1%)* above the revised October rate of 563,000 and is 16.5 percent (±19.3%)* above the November 2015 estimate of 508,000.

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

• 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

See more

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

See more

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

The 5 Real Estate Trends That Will Shape 2017

Wonder what the new year holds in store? These key trends are likely to influence home buyers and sellers across the United States.


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The Best Real Estate Advice You Got in 2016, Decided by You

These are the 10 advice stories you viewed, shared, and discussed the most this year—plus can't-miss takeaways for each.


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Don't Get Stuck Experiencing Home Buyer's Remorse

When you're buying a home, it's tempting to skip over some stuff just to get to the finish line—but taking shortcuts may cost you.


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5 (Totally Legal) Tricks to Boost Your Credit Score Fast

Low credit score holding you back? We have the lowdown on how to raise your credit score—in some cases, almost overnight.


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Don't Be Gross, and 6 Other Things Your Housecleaner Wishes You Knew

Housecleaners can make your life so much easier—but here's what they wish you knew about helping them to help you.


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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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Information contained in this eNewsletter is compiled from a variety of sources. The accuracy and authenticity has not been verified by Move, Inc., is subject to change, is provided "as is" and is not guaranteed. The views expressed herein do not necessarily reflect those of Move, Inc. Move, Inc. makes no representations or warranties of any nature with regard to the privacy and/or business practices of the websites linked from or to this eNewsletter nor the accuracy and authenticity of any information contained in such websites, and is not responsible for any content contained in any linked site or for any action or lack of action by any linked site whatsoever, including their use of any information they may collect.

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