By Dennis Norman, on January 25th, 2010
Dennis Norman
NAR’s “seasonally-adjusted” numbers show sales down 16.7 percent for the month…2009 finishes with 5,156,000 homes sold…My projection for the year was 5,143,000 homes….missed it by 13,000 (2/10 of 1 percent) hmm..not bad for a “non-economist”
According to the latest report from the National Association of REALTORS(R), existing home sales in December decreased [...]
By Dennis Norman, on December 24th, 2009
Dennis Norman
NAR’s “seasonally-adjusted” numbers show sales up 7.4 percent for the month…”actual” numbers show a 5.2 percent decrease….Sales up 44 percent from last year, lest we not forgot last year was the worst in over 10 years…
According to the latest report from the National Association of REALTORS(R), existing home sales in November increased 7.4 [...]
By Dennis Norman, on September 24th, 2009
Dennis Norman
By: Dennis Norman
According to the latest report released today from the National Association of REALTORS(R), existing home sales for August in the Midwest dropped 6.6 percent to a seasonally adjusted rate of 1.14 million units down from a level of 1.22 million units in July. The August home sales rate of 1.14 million [...]
By Dennis Norman, on August 21st, 2009
Dennis Norman
By: Dennis Norman
The St. Louis housing market is showing some signs of strength with St Louis home sales increasing in July to a seasonally adjusted rate of 21,038 homes, an increase of 6.8 percent from June’s seasonally adjusted rate of 19,691 homes. This increase for the month is very close to the increase in home sales [...]
By Dennis Norman, on July 23rd, 2009
Dennis Norman
By: Dennis Norman
The National Association of REALTORS(R) released its existing home sales report for June showing an increase in sales for the 3rd month in a row as well as higher prices in June.
Existing home sales, including single-family, town-homes, condominiums and co-ops increased 3.6% in June to a seasonally adjusted annual rate of [...]