NAR: Buyer traffic up 29% from a year ago

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A survey last week showed homebuilder sentiment hit its highest level in nearly nine years in September, with builders reporting a sharp pick-up in buyer traffic. the series six years ago..

NAR Chief Economist Lawrence Yun reiterated his supply worries in a statement today: Buyer traffic is 25 percent above a year ago when we were already seeing. current inventories bumped up 1.6% to.

The first-time buyer share of 32% was up from 31% last month and 29% a year ago. The National Association of Realtors reported that 47% of homes sold in September were on the market less than a month.

Meanwhile, the supply of homes for sale continued to drop, pushing up property values for the 11th consecutive month of year-over. price growth," NAR Chief Economist Lawrence Yun said in a.

The NATIONAL ASSOCIATION OF REALTORS provides the latest real estate research and statistics that affect the industry. Get the stats and stay informed.. but up from a year ago. Mortgage rates were down from last month at 4.11 percent this May, and down 7.7 percent compared to 4.71 percent a.

 · This is still a 9 percent increase year-over-year, and it is also higher than last year’s 8 percent increase. Homes continued to sell at a relatively rapid pace of 71 days, five days faster than.

First-time buyers accounted for 29% of sales, a decline from 32% in the prior month, a sign of affordability challenges. "The decline in sales was relatively modest, especially considering it’s January," George Ratiu, NAR’s director of housing and commercial research, said at a briefing in Washington.

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Realtor Class Action Lawsuit - National Association of Realtors Antitrust Lawsuit The median price in the Northeast was $253,700, down 1.8% from a year ago. Existing home sales in the Midwest slipped 1.9% in June to a level of 1.02 million but are 14.6% higher than a year ago. The median price in the Midwest was $157,600, up 8.4% from June 2011.

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table of contents 3 5 reasons to sell this winter 6 don’t wait! move up to the house you always wanted 12 the importance of using an agent when selling your home 14 5 reasons you shouldn’t for sale by owner (fsbo) 7 home prices over the last year buyer demand continues to outpace inventory of homes 8 for sale

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