Existing-home sales fell at a faster rate in the latest report by the National Association of Realtors® (NAR) on Thursday. For August, existing-home sales decreased by 2% on a month-over-month basis and at a seasonally adjusted annual rate of 3.98 million. This marks the third consecutive month of declining sales, as July reported a decrease…
Editor’s note: Econ Review is a roundup of the housing and economic market data reports released during the month. Summer 2026 did not pick up speed as the industry had originally hoped when the year began, largely due to elevated inflation from the Iran war. However, some positive signs for the housing market might still…
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The new home market continues to face adversity due to economic challenges, as the latest data from the Department of Housing and Urban Development (HUD) and the Census Bureau saw sales reach a new low for 2026. New-home sales in July clocked in at a rate of 607,000, down 10.5% from June’s upwardly revised rate…
The mid-to-late summer housing market appears to be plodding along, as pending activity in July slipped to a low for the year, according to the latest data from the National Association of Realtors® (NAR). NAR’s Pending Home Sales report found that sales dipped 2.3% month-over-month and 2.2% year-over-year in July. This is the second month…
Monthly home sales slowed their descent but continued a downward trajectory, as reported by the National Association of Realtors® (NAR) Tuesday. Between June and July, existing-home sales decreased 1.7%, bringing the seasonally adjusted annual rate from 4.09 million to 4.06 million. Despite the drop month-over-month, NAR Chief Economist Lawrence Yun highlighted the stabilization of the…
Editor’s note: Econ Review is a roundup of the housing and economic market data reports released during the month. As the first half of 2026 has come to a close, the larger expectations for the housing market may not necessarily have been met, but optimism remains. 2026 was originally expected to be a year of…
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Existing home sales in July may not shape up to be as strong as the industry wants, looking at the latest pending sales data from the National Association of Realtors® (NAR). However, economists are not despairing just yet, as 2026 has proven to be more resilient than years past. NAR’s Pending Home Sales report saw…
Editor’s note: Econ Review is a roundup of the housing and economic market data reports released during the month. As we move into summer and prepare to see the compounded data of the first half of 2026, the picture the housing market and economy paint is that of continued complications. While some indicators remain better…
The post Econ Review: A Look at June’s Key Market Data appeared first on RISMedia.
The higher hopes for existing-home sales in June unfortunately were not met as the National Association of Realtors® (NAR) reported a decrease. However, not all hope is lost as several indicators in NAR’s data remain positive, and economists say there is still potential for a better path ahead. NAR’s Existing-Home Sales report saw sales fall…
Affordability and decreased buyer demand continue to put downward pressure on the housing construction industry, with new-home sales seeing a significant month-to-month dip in the latest data from the Census Bureau and the Department of Housing and Urban Development. The New Residential Sales report saw new-home sales fall 7.3% to a rate of 580,000 in…
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