LoanCentral's Real Estate Lending Blog

Home sales continue to climb in February
April 1st, 2007 4:01 PM

Existing Home Sales Continue to Climb in February

Total Existing Home Sales grew in February 2007
Seasonally-Adjusted Annual Rate: 6.69 million units

One Month Change: Up 3.9%
National Existing Home Sales

One Year Change: Down 3.6%

Total Existing Home Inventory was up as well

One Month Change: Up 2.9%
Inventory of existing homes
Supply at Current Sales Pace: 6.6 months

Posted by George Charles on April 1st, 2007 4:01 PMPost a Comment (0)

7 Year Low for NEW home sales
April 1st, 2007 4:41 PM

New Homes Sales Drop to Lowest Level in Nearly 7 Years
New Home Sales Down!

New home sales dropped in February to the lowest level since June 2000.


Total New Home Sales for January 2007
Seasonally-Adjusted Annual Rate: 848 million units
New Home Sales

  One Month Change: Down 3.9%
  One Year Change: Down 18.3%


Total New Home Inventory: 546,000 available
One Month Change: Up 11.0%
New Home Inventory

One Year Change: Up 26.6%
Supply at Current Sales Pace: 8.1 months

 

National Median Price for a New Home: $250,000
One Month Ago: $243,200
One Year Ago: $250,800

     Source: U.S. Commerce Department

Posted by George Charles on April 1st, 2007 4:41 PMPost a Comment (0)
Recent Posts:
Archive:
My Favorite Blogs:
Sites That Link to This Blog:

LoanCentral LLC 10800 NE 8th Street Suite # 330 Bellevue, WA Loan Central 98004

Washington Mortgage Broker # 510-MB-30751
Phone: 425-709-7900   

Copyright © 2008 LoanCentral LLC
Portions Copyright © 2008 a la mode, inc.
Another XSite by a la mode, inc. | Admin Login| Terms of Use| Site Map