Jeree Rogers

Your CERTIFIED HOME MARKETING SPECIALIST

17047 El Camino Real Ste 150
Houston, TX 77058


Cell: 281-827-3463   
Phone: 281-827-3463 
Fax: 281-741-0013

Housing Trends

September 2013

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National market update

Pending Home Sales Decline in August

WASHINGTON (September 26, 2013) – Pending home sales slowed in August, with tight inventory conditions, higher interest rates, rising home prices and continuing restrictive mortgage credit impacting the market, according to the National Association of Realtors®.
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August Existing-Home Sales Rise, Limited Inventory Continues to Push Prices

WASHINGTON (September 19, 2013) – Existing-home sales increased in August and reached the highest level in six-and-a-half years, while the median price shows nine consecutive months of double-digit year-over-year increases, according to the National Association of Realtors®.
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National housing indicators

Existing home sales ()

5.29*

Existing home median price ()

$199,200

Housing Starts ()

891,200*

New home sales ()

421,000*

*Seasonally adjusted annual rate. Source: NATIONAL ASSOCIATION OF REALTORS®.

National economic indicators

Home ownership

2nd Qtr 13

65.0%

2nd Qtr 12

65.5%

The homeownership rate in the second quarter 2013 (65.0 percent) was lower than the second quarter 2012 rate (65.5 percent). The homeownership rate in the South was lower than the corresponding second quarter 2012 rate, while the rates in the Northeast, Midwest, and West were not statistically different from the rates a year ago.

New home sales

Aug 13

+7.9%

July 13

-14.1%

Sales of new single-family houses in August 2013 were at a seasonally adjusted annual rate of 421,000. This is 7.9 percent (+/- 14.6%)* above the revised July 2013 estimate of 390,000.

Source: U.S. CENSUS BUREAU

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Regional market updates

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Click on the links below to view data from two different industry sources. Choose information on local prices & state sales from any of 178 metropolitan housing markets prepared by the National Association of REALTORS® or information on sales & price activity from local area markets in 25 states prepared by Clarus MarketMetrics.

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Existing Home Statistics

View statistics based on national data, regional data and data gathered from 159 cities & metropolitan areas.