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What’s Happening in Local Markets? |
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Local Market Reports
*Local Prices & State Sales
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*Prepared by National Association of REALTORS®
**Prepared by Clarus MarketMetrics |
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Local Area Markets
**Local Sales & Price Activity
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*Prepared by National Association of REALTORS®
**Prepared by Clarus MarketMetrics |
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What’s New
National Real Estate Market
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| Pending Home Sales Continue Uptrend |
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Washington, January 27, 2011 Pending home sales improved further in December, marking the fifth gain in the past six months, according to the National Association of Realtors®. More… |
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| Owners, Renters Agree: Owning a Home is a Smart Decision |
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Washington, January 19, 2011 A substantial majority of both home owners and current renters agree that owning a home is a smart decision over the long term. That’s according to the results of a National Association of Realtors® survey of 3,793 adults conducted online by Harris Interactive. More… |
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| December Existing-Home Sales Jump |
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Washington, DC, January 20, 2011 Existing-home sales rose sharply in December, when sales increased for the fifth time in the past six months, according to the National Association of REALTORS®. More… |
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| National Real Estate Market Articles Source:NATIONAL ASSOCIATION OF REALTORS®. |
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HouseLogic is a free source of information and tools from the NATIONAL ASSOCIATION OF REALTORS® with content covering home improvement, maintenance, taxes, finance, insurance and even ways you can get involved in and enrich your community. |
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National
Economic Indicators
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Homeownership Rate
| 4th Qtr 10 |
4th Qtr 09 |
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| 66.5% |
67.2% |
The homeownership rate in the fourth quarter 2010 (66.5 percent) was lower than the fourth quarter 2009 rate (67.2 percent). In the Midwest, South, and West, the homeownership rates were lower than a year ago, while the Northeast showed no significant change from the corresponding fourth quarter 2009 rate.
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New Home Sales
| Dec 10 |
Nov 10 |
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| 17.5+% |
0.0% |
Sales of new one-family houses in December 2010 were at a seasonally adjusted annual rate of 329,000. This is 17.5 percent above the revised November 2010 estimate of 280,000.
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Source U.S. CENSUS BUREAU
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Real Estate Sales Statistics
December 2010 Existing Home Statistics
Source: NATIONAL ASSOCIATION OF REALTORS®.
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| Metropolitan Prices & State Sales |
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| National Home Sales |
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Homes
5,280,000 |
Single Family
4,640,000 |
Condo/Co-op
640,000 |
| vs. last month: |
 12.3% |
11.8% |
16.4% |
| vs. last year: |
 -2.9% |
-2.5% |
-5.2% |
| Click Here to view details |
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| National Sales Price of Homes |
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| Regional Home Sales |
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U.S.
5,280,000 |
Northeast
870,000 |
Midwest
1,110,000 |
South
1,970,000 |
West
1,330,000 |
| vs. last month: |
12.3% |
13.0% |
11.0% |
10.1% |
16.7% |
| vs. last year: |
-2.9% |
-5.4% |
-4.3% |
-2.5% |
-1.5% |
| Click Here to view details |
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| Regional Sales Price of Homes |
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U.S.
$168,800 |
Northeast
$237,300 |
Midwest
$139,700 |
South
$148,400 |
West
$204,000 |
| vs. last year: |
-1.0% |
-1.4% |
3.3% |
0.0% |
-5.6% |
| Click Here to view details |
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| Regional Single Family Home Sales |
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U.S.
4,640,000 |
Northeast
650,000 |
Midwest
1,020,000 |
South
1,760,000 |
West
1,210,000 |
| vs. last month: |
11.8% |
16.1% |
10.9% |
10.0% |
13.1% |
| vs. last year: |
-2.5% |
-1.5% |
-2.9% |
-3.3% |
-1.6% |
| Click Here to view details |
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| Regional Sales Price of Single-Family Homes |
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U.S.
$169,300 |
Northeast
$234,200 |
Midwest
$140,100 |
South
$153,300 |
West
$209,900 |
| vs. last year: |
-0.2% |
-4.1% |
5.3% |
1.7% |
-5.4% |
| Click Here to view details |
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| Regional Condo/Co-Op Sales |
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U.S.
640,000 |
Northeast
220,000 |
Midwest
90,000 |
South
210,000 |
West
120,000 |
| vs. last month: |
16.4% |
4.8% |
12.5% |
10.5% |
71.4% |
| vs. last year: |
-5.2% |
-14.1% |
-14.3% |
6.6% |
2.6% |
| Click Here to view details |
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| Regional Sales Price of Condo/Co-ops |
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U.S.
$165,000 |
Northeast
$246,600 |
Midwest
$135,100 |
South
$107,500 |
West
$144,500 |
| vs. last year: |
-7.4% |
4.7% |
-17.2% |
-17.2% |
-10.6% |
| Click Here to view details |
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Daily Real Estate Market Outlook
Economists’ Commentaries provide an in-depth look at trends and current news related to housing and the real estate market. Click here
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State Home Sales | 
Avg. Sales Price: 379,000
Free Market Alerts 
