Home
Global Supplier Directory
APPLIANCE Engineer
Supplier Solutions
APPLIANCE Line
Whitepaper Library
Calendar of Events
Association Locator
Contents Pages
Market Research
Subscription Center


 
Daily News

January Existing-Home Inventory Shrinks to 2005 Levels
Mar 4, 2013
 Printable format
 Email this Article
 Search

Existing-home sales were up in January, although not as significantly as new home sales, and the National Association of Realtors sees a seller's market coming into focus as home prices continue moving upwards from year-ago levels.

NAR also reported that the inventory of existing homes for sale was at its lowest level since April 2005.

Existing home sales were up in all regions of the United States except in the West, where the market was most-constrained by limited inventory.

Total existing-home sales were up in January 0.4% to a seasonally adjusted annual rate of 4.92 million from a downwardly revised December rate of 4.90 million. January existing home sales were up 9.1% over January 2012's 4.51 million-unit pace.

There were 1.74 million existing homes available for sale at the end of January, a 4.2-month supply. That's down from 4.5 months in December. The last time the housing supply was this low was April 2005, when it also stood at 4.2 months supply. NAR also reported that:

Existing home prices are up. The January 2013 national median existing-home price, encompassing all housing types, was $173,600, up 12.3% from January 2012. January's price increase was the strongest since November 2005's increase of 12.9%.

Back to Daily News

 

Daily News

...........................................................

May 21, 2014: New Game Consoles Energy Use Costs $400 Million/Year in Standby Mode

May 21, 2014: Whirlpool Tops Customer Experience Rating Survey

May 16, 2014: Fagor-Equipped Restaurants Among World's Best

May 15, 2014: Electrolux Investing $30 Million More in Anderson, SC Plant

May 15, 2014: Emerson's 2Q Climate Technologies Sales Up 5%

More Daily News>>

RSS Feeds
.........................................................
Appliance Industry
Market Research

...........................................................

March 2014: Market Research - 62nd Annual U.S. Appliance Industry Forecast
February 2014: Appliance Magazine Market Insight: December 2013
January 2014: Market Research - Appliance Historical Statistical Review: 1954-2012
January 2014: Appliance Magazine Market Insight: November 2013




 
Contact Us | About Us | Subscriptions | Advertising | Home
UBM Canon © 2014  

Please visit these other UBM Canon sites

UBM Canon Corporate | Design News | Test & Measurement World | Packaging Digest | EDN | Qmed | Pharmalive | Plastics Today | Powder Bulk Solids | Canon Trade Shows