Existing home sales during the housing bust were actually 14.3% worse than previously reported, a revision to Realtors' group numbers shows.
Home buyers are starting to creep back into the housing market, lured by rock-bottom prices.
Housing markets struggled through another tough quarter, this time during the spring buying season, the strongest time of year for home sellers.
Sales of existing homes dipped in June as buyers unexpectedly backed out of contracts, according to an industry group.
Home prices continued to plummet during the first three months of 2011, falling 4.6% from a year earlier.
Been dreaming of a vacation home? Somewhere warm to get away? Or maybe a cabin in the woods? Prices are right if you can afford it.
Sales of existing homes fell in February after three straight monthly increases, an industry group said Monday.
Laura Dominguez-Vasquez and her husband, Luis, recently sold their Coral Gables, Fla., home to all-cash buyers for just under $1 million. They're now shopping for a new home and intend to pay cash as well.
Home prices are down but sales are up, somewhat contradictory trends.
Sales of existing homes recorded modest gains in January, the third straight month of month-over-month increases.
Looking to spruce up your home and wondering what will give you the most bang for your buck at resell time?
The weak economy and continued high unemployment has kept housing markets cool. As a result, the median price of a single-family home crept up just 1.5% to $176,900 in the second quarter, according to a report released Wednesday by the National Association of Realtors.
In the latest sign of renewed turbulence in the housing market, an industry group said Thursday that sales of existing homes fell 5.1% in June.
The experts expected home sales to drop once the homebuyer tax credit lapsed at the end of April, but the depth of the decrease was shocking.
Existing home sales soared in April as home buyers scrambled to claim the tax credit that expired at the end of the month, according to a real estate industry report released Monday.
Bipolar is what comes to mind when diagnosing the post-homebuyer tax credit market. There are two separate forces pulling it in opposite directions, and experts aren't yet sure which path the market will take.
Contracts for the sale of existing homes rose sharply in February, the National Association of Realtors' (NAR) said Monday.
Sales of existing homes fell slightly in February, according to an industry report released Tuesday, a sign that the housing market's recovery remains fragile.
Fewer Americans signed contracts to buy homes in January and further declines are expected.
Sales of existing homes unexpectedly fell in January, according to an industry report published Friday, highlighting concerns that the housing market is weaker than previously thought.
Homebuyers abandoned the market in droves during November: They signed 16% fewer sales contracts than the month before.
Taking into account inflation, home prices are actually lower than they were 10 years ago, according to a report from the National Association of Realtors released Wednesday.
After surging 10% in October, sales of existing homes jumped again in November, growing 7.4% compared with October to an annualized rate of 6.54 million units, according to the National Association of Realtors.
After surging 10% in October, sales of existing homes jumped again in November, growing 7.4% compared with October to an annualized rate of 6.54 million units, according to the National Association of Realtors.
The lights are on in the housing market. But at more and more places, nobody's home.
The bleeding in the housing market seems to be stanched, at least temporarily, according to home price data released on Tuesday.
The number of signed sales contracts to buy homes rose in September for the eighth straight month, according to a real estate industry report released Monday.
Sales of existing homes rebounded sharply in September to their highest level in two years, getting a strong boost from first-time homebuyers, according to a report released Friday.
Homebuyers signed more sales contracts in August than in any month this year, boosted by the looming expiration of a homebuyers' tax credit, according to an industry report released Thursday.
Existing home sales fell in August, snapping a four-month streak of increases, according to a report released Thursday.
Hundreds of thousands of first-time homebuyers across the country have begun to claim their tax credits, according to new government data released on Friday.
More Americans signed sales contracts to buy homes in July than in June, marking the longest streak of monthly increases on record, said a report released Tuesday.
Sales of existing homes rose in July for the fourth consecutive month, lending support to economists who argue a recovery is near.
Median home prices fell a record 15.6% during the three months ended June 30, compared to the same period in 2008, according to an industry report.
More Americans signed sales contracts to buy homes in June than in May, the fifth consecutive month of increases, according to a report released Tuesday.
Sales of existing homes disappointed again in June, coming in at a seasonally adjusted annualized rate of 4.89 million, up just 3.6% compared with May, according to a monthly report from the National Association of Realtors.
Home sales continued their modest upward swing in May, according to a closely watched industry report that rose for the fourth straight month for the first time in nearly 5 years.
Existing home sales rose in May, as increasingly affordable home prices and a first-time tax credit attracted hesitant buyers.
The number of home sales contracts signed in April continued to bounce back from record lows hit last winter, according to a widely watched industry report. This is the third consecutive month of gains.
The steep slide in home price accelerated at a record pace during the first three months of 2009, according to an industry report issued Tuesday.
The number of existing homes put under contract ticked up in February after hitting historic lows the previous month.
updated: Wed Apr 01 2009 10:43:00
CNN's Gerri Willis and her panel offer advice about tax credit eligibility and programs for disabled home buyers.
Pending home sales sank to a record low in January, according to a report released Tuesday by the National Association of Realtors.
Sales of existing homes fell in January to their lowest levels in nearly 12 years, with a real estate group saying buyers delayed purchases in anticipation of government programs to boost the housing market.
Home prices fell 12.4% during the fourth quarter of 2008, the largest year-over-year decline since the National Association of Realtors began keeping comprehensive records in 1979.
Plunging home prices and low mortgage rates pushed homebuying activity higher in December, according to a regular industry report released on Tuesday.
Sales of existing homes fell in October and prices continued to decline as potential buyers remain sidelined by the weak economy, according to a real estate group's report issued Monday.
Single-family home prices dropped 7.7% in the first quarter in the largest year-over-year decline since the National Association of Realtors began reporting prices in 1982.
Real estate prices continued to post steep year-over-year declines during the three months ended June 30, according to a new report from the National Association of Realtors (NAR).
The number of pending homes for sale rose in June, a rebound from the previous month, according to a report released Thursday.
Sales of existing homes in June slowed more than expected and hit their lowest level in 10 years, according to an industry trade group report released on Thursday.
The number of homes under sales contracts fell more than expected in May after a surprising spike the month before, a real estate trade group said Tuesday.
Sales of existing homes rose slightly more than expected in May as home buyers responded to plummeting home prices, according to an industry trade group.
Pending home sales unexpectedly increased in April to the highest reading since October, an industry group said Monday, but they remain more than 13% below a year ago
The number of homes under contract to be sold rose unexpectedly in April as buyers go bargain hunting, according to a report released Monday.
Home buyers could save an average of more than $2,000 under a settlement with the National Association of Realtors announced Tuesday by the Justice Department.
The number of homes under contract for sale fell in March, hitting a record low for the second consecutive month, according to a report released Wednesday.
Sales of existing homes fell in March, after registering a modest increase the month before, according to a report by an industry group released Tuesday.
An index of homes under contract for sale fell more than expected in February, reaching the lowest level since the index's 2001 debut, according to a report released Tuesday.
The granite countertop's glory days might be over.
In a fresh sign that the nation's housing crisis will worsen, home prices are likely to decline in 2008 for the second straight year, the National Association of Realtors said Thursday.
Prices of homes sold in December registered the biggest year-over-year decline on record, according to a report from an industry trade group, and 2007 is the first year on record that has seen a drop.
Housing price drops, driven by soaring foreclosure rates, accelerated during the three months ended September 30, according to the latest data from the National Association of Realtors (NAR).
Housing markets continued to slump across the nation in August as the number of existing homes sold dropped for the sixth straight month to their lowest level in five years, according to the latest report from the National Association of Realtors.
Home values and housing sales will take an even bigger hit than previously forecast and will not recover to their earlier levels throughout all of 2008, at least, according to the latest economic outlook from the National Association of Realtors released Tuesday.
The price of a typical home in the United States continues to drop but at a slower pace, according to a new survey.
The pace of U.S. home sales will fall further this year than earlier expected, but prices will drop less sharply than previously thought, a leading real estate trade association predicted Wednesday.
The slump in home sales and prices will be deeper and last longer than previously expected, according to the latest forecast Wednesday by the National Association of Realtors.
If you're the sensitive type of homeowner, you may want to skip the rest of this paragraph, which recounts the unrelentingly grim news about home prices. At least 42% of major housing markets are in decline, with some projected to fall by double digits over the next five years. One alarming sign: The National Association of Realtors has reversed its usually sunny outlook and is now predicting a 1% drop nationwide in existing home prices in 2007, the first such prediction in the four decades since NAR started tracking prices.
You're longing to replace those dark oak cabinets, avocado appliances and worn countertops in your kitchen. But the $50,000 to $100,000 price of a high-end renovation and the thought of living on kung pao for three months during construction make you queasy.
If you're the sensitive type of homeowner, you may want to skip the rest of this paragraph, which recounts the unrelentingly grim news about home prices.
U.S. home prices fell for their third straight quarter, according to an industry report released Tuesday.
Home prices are expected to finish down for the year, the National Association of Realtors (NAR) said Tuesday, which would mark the first drop since the group started tracking values in 1968.
After years of big increases in the buying of real estate for investing, speculators fled many housing markets last year.
The slump in home prices was both deeper and more widespread than ever before in the fourth quarter.
Home sales saw the biggest drop in 17 years last year, according to a trade group report on the battered real estate market, but the reading also showed the the decline in home prices may have bottomed out in December.
Changing American demographics and social norms are altering the real estate landscape: the average home buyer is very different compared with buyers of generations past.
In trying to get a read on how much real estate markets are slumping, some people may be looking at the wrong indicator.
Renovation costs are shooting higher and homeowners are getting a lot less bang for their remodeling bucks, according to a report by the National Association of Realtors (NAR) and Remodeling Magazine.
Once-hot housing markets cooled considerably this summer: The National Association of Realtors (NAR) reported Monday that the median price of a single-family house in the third quarter dropped 1.2 percent from a year earlier, continuing a reversal of fortune for sellers that started last winter.
After slowing sharply in 2006, the housing market will coast along in 2007, according to a forecast released Friday by the National Association of Realtors (NAR), the industry's largest trade group.
A financial planner who had never seen stock prices lose value probably isn't the best place to turn for investment advice. But many Americans are taking just that kind of a flyer when it comes to their most valuable investment - their home.
Home prices posted their biggest drop on record in September while sales fell for the sixth month in a row, a real estate group said Wednesday - the latest signs that the housing market is still weakening.
There wasn't just a boom in real estate over the past decade - there was also a big boom in real estate agents.
There's a lot of money riding on just how Americans feel about their homes. The value of residential real estate in the United States is worth upwards of $20 trillion, according to the Federal Reserve.
Apartment rents are expected to see their largest increase in six years this year, according to a published report.
In hot markets, home buyers have just two choices when submitting a bid on a property: offer full price - or more.
Are homes still a good buy? Americans seem to think so -- they bought second homes, both as vacation properties but especially for investment purposes, in record numbers last year.
Condo prices just about kept pace with home prices during 2005, rising 12.3 percent in the United States as single-family home prices jumped 13.6 percent.
Although earnings have risen about 2.6 percent, housing is even less affordable for first-time buyers than it was a year ago, according to the latest findings from the National Association of Realtors.
Are home buyers any closer to actually saving money on commissions?
Single-home price growth over the 12 months ending June 30 was the strongest in history, according to the National Association of Realtors.
Existing home sales hit a new record in June in an industry report out Monday, as the real estate market remains hotter than Wall Street expectations, sending housing prices to their biggest increase in 25 years.
Sell real estate for fun and profit. It sounds almost too easy. You drive around clients for a day or two. You show them several nice houses. Then -- boom -- hello fat commission.
Home sales are poised to set their fifth straight annual record, according to the latest forecast from an industry trade group.
Existing home sales jumped to a record last month as persistent low mortgage rates helped keep the real estate market sizzling.
U.S. residential real estate markets lost no steam in the first quarter of 2005, according to statistics released Thursday by the National Association of Realtors.
Sales of existing U.S. homes fell 0.4 percent in February, while home prices rose at double-digit percentage rates, a trade association report showed Wednesday.
Why have one house when you can have two?
Home sales slowed in December from the pace in November, but the sales of existing homes still set a new full-year mark in 2004, according to a report issued Tuesday.
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