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New Home Sales Up 6.7% in May

The U.S. government is reporting that sales of new single-family houses in May, 2018, were at a seasonally adjusted annual rate of 689k, which is 6.7% higher than April’s revised rate and 14.1% higher than May, 2017.  The median sales price of new houses sold in May was...
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Existing-Home Sales for October

According to the National Association of Realtors, existing-home sales were up for the 2nd month in a row in October coming in at the annualized rate of 5.6 million.  The median existing-home price for all housing types in October was $ 232,200, up 6.0% from October 2015 –...
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