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Tag: Lawrence Yun
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Pending Home Sales Rise Again in November, Highest in a Year-and-a-Half
Pending Home Sales Rise Again in November, Highest in a Year-and-a-Half Washington, DC, December 29, 2011 Pending home sales continued to gain in November and reached the highest level in 19 months, according to the National Association of Realtors®. The Pending Home Sales Index,* a forward-looking indicator based on contract signings, increased 7.3 percent to 100.1…
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RealtorsTV: National Association of Realtors Video-Existing Home Sales Down But Prices Rise
RealtorsTV: National Association of Realtors-Existing Home Sales Down But Prices Rise
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Professional Land Surveyor News: National Association of Realtors Reports December Existing-Home Sales Down but Prices Rise; 2009 Sales Up
December Existing-Home Sales Down but Prices Rise; 2009 Sales Up Washington, January 25, 2010 After a rising surge from September through November, existing-home sales fell as expected in December after first-time buyers rushed to complete sales before the original November deadline for the tax credit. However, prices rose from December 2008 and annual sales improved…
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Outlook for Housing is Hopeful with First-Time Home Buyers Leading the Way
San Diego, November 13, 2009 Aided by the home buyer tax credit, the outlook for housing and the economy appears headed for a sustainable recovery, according to the National Association of Realtors®. Lawrence Yun, NAR chief economist, said the projections are enhanced by a tax credit expansion to more home buyers through the middle of…
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Strong Gain in Existing-Home Sales Maintains Uptrend
Washington, August 21, 2009 For the first time in five years, existing-home sales have increased for four months in a row, according to the National Association of Realtors®. Existing-home sales – including single-family, townhomes, condominiums and co-ops – rose 7.2 percent to a seasonally adjusted annual rate1 of 5.24 million units in July from a…
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Decline in Commercial Real Estate Sectors Appears to be Slowing
Washington, August 19, 2009 Commercial real estate activity has suffered from a severe credit crunch for commercial sectors, sustained job losses and weak consumer spending, although the decline appears to be slowing. A forward-looking indicator shows commercial real estate will remain weak into 2010, but recent actions by the Federal Reserve should improve some flow…
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Existing-Home Sales Up Again
Washington, July 23, 2009 Existing-home sales rose for the third consecutive month with inventory easing and home prices declining less sharply in June, according to the National Association of Realtors®. Existing-home sales – including single-family, townhomes, condominiums and co-ops – increased 3.6 percent to a seasonally adjusted annual rate1 of 4.89 million units in June…
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Pending Home Sales Record Fourth Straight Monthly Gain
Washington, July 01, 2009 Pending home sales show a sustained uptrend, rising for four consecutive months with very favorable housing affordability and a first-time buyer tax credit boosting activity, according to the National Association of Realtors®. The Pending Home Sales Index,1 a forward-looking indicator based on contracts signed in May, increased 0.1 percent to 90.7…
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National Association of Realtors Reports Pending Home Sales Up for Three Months in a Row
National Association of Realtors Reports Pending Home Sales Up for Three Months in a Row WASHINGTON, June 02, 2009 Record low mortgage interest rates boosted pending home sales for the third consecutive month, with some benefit now from the first-time buyer tax credit, according to the National Association of Realtors®. The Pending Home Sales Index,1…