Single family home sales declined 1.0 percent from January but rose 9.4 percent above the level seen in February 2011.
Although existing home sales dipped last month, foreign buyers are snapping up US homes. In some markets, they may be putting an end to the downturn in existing home sales.
House prices continue to fall nationwide, but here and there they’ve begun to turn up as Americans return to the housing market. Which 10 metropolitan areas have seen the biggest increase in the past year? The winners, according to the National Association of Realtors (NAR), include a state capital, a furniture-making center, and a resort that was once America’s foreclosure capital. Can you guess who they are?
Pending home sales have improved, with the national index climbing 2 percent since December while increasing 8 percent above the level seen in January 2011. Is this a sign of stabilization in the housing market?
Single family home sales increased 3.8 percent from December and rose 2.3 percent above the level seen in January 2011.
Single family home sales increased 4.6 percent from November and rose 4.3 percent above the level seen in December 2010