Angela Yglesias
Levesque RealtyCell: 805-490-4944
Phone: 805-490-4944
Housing TrendsSeptember 2018 |  |
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National market update
Existing-Home Sales Slip 0.7 Percent in July
WASHINGTON (August 22, 2018) — Existing-home sales subsided for the fourth straight month in July to their slowest pace in over two years, according to the National Association of Realtors®. The West was the only major region with an increase in sales last month.
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The Best—and Worst—Cities to Raise a Family in 2018 Aren't Where You'd Expect
Whether you're an anxious parent-to-be or harried mom or dad to six kids, where you choose to raise your progeny is of tantamount importance. Because, let's face it, some cities and towns are simply more family-friendly than others.
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National housing indicators
Existing home sales (July)
5.34 millions units*
Existing home median price (July)
$269,600
Housing Starts (July)
1.168 millions units*
New home sales (June)
0.631 millions units*
*Seasonally adjusted annual rate. Source: NATIONAL ASSOCIATION OF REALTORS®.
National economic indicators
Home ownership
1st Quarter 2018
64.2%
2nd Quarter 2018
64.3%
The homeownership rate of 64.3 percent was not statistically different from the rate in the second quarter 2017 (63.7 percent) nor from the rate in the first quarter 2018 (64.2 percent).
New home sales
June 2018
-5.3%
July 2018
-1.7%
Sales of new single-family houses in July 2018 were at a seasonally adjusted annual rate of 627,000, according to estimates released jointly today by the U.S. Census Bureau and the Department of Housing and Urban Development. This is 1.7 percent (±14.7 percent)* below the revised June rate of 638,000, but is 12.8 percent (±15.7 percent)* above the July 2017 estimate of 556,000.
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
Consumer tips & hot properties
America’s Most Affordable Outdoorsy Cities, 2018: Open-Air Adventure at Cut-Rate Costs
If you can’t wait for the weekend to get on a bike, go for a run, or board a boat, we’ve got the best places for you to live—where homes are actually affordable.
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4 Things I Wish I’d Known Before I Got an FHA Loan
An FHA loan with a low down payment can be a lifesaver; but, as one newbie home buyer discovered, it isn’t all smooth sailing.
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How Long Should You Live in Your Home? 6 Signs It’s Time to Move On
The average length of time owners stay in a home is 10 years. Here’s how to figure out how long is too long for you.
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5 Mortifying Reasons Mortgage Applications End Up in the ‘Reject’ Pile
There are a number of reasons why lenders turn down mortgage applications, but some of the most common can be avoided quite easily.
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Old Is Gold: 8 Vintage Living Room Design Trends That Are Making a Big Comeback
Vintage is new again, as designers give time-tested styles a modern update. Check out which looks are having another heyday.
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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®.
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