Articles Recently Tagged: Inventory

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Pace of New Home Sales in the U.S. Slips, Inventory Inches Up

Pace of New Home Sales in the U.S. Slips, Inventory Inches Up

Having ticked up a downwardly revised 2.0 percent in March, the seasonally adjusted pace of new single-family home sales in the U.S. slipped 1.5 percent in April to annual pace of 662,000 sales but remains 11.6 percent higher on a year-over-year basis and 1.7 percent above the long-term average... Read More »

Pricing Index for New Condos in S.F. Ticks Up, Sales Drop

Pricing Index for New Condos in S.F. Ticks Up, Sales Drop

Having inched up 0.5 percent in March, the Mark Company’s pricing index for new condos in San Francisco ticked up 4.5 percent in April and is now running 0.6 percent higher versus the same time last year but remains 12.3 percent below its peak which was reached in the... Read More »

Proposed Development in San Francisco Tracking a Six-Year Low

Proposed Development in San Francisco Tracking a Six-Year Low

Having peaked at 116 in 2014, the number of newly proposed plans for major developments in San Francisco has been trending down ever since, a trend which shouldn’t catch any plugged-in readers by surprise. And with fewer than 20 preliminary proposals for major projects in the city having been... Read More »

Number of Homes for Sale in San Francisco Is on the Rise

Number of Homes for Sale in San Francisco Is on the Rise

Driven in part by a pronounced slowdown in sales activity since the end of last year, the number of single-family homes and condos actively listed for sale in San Francisco (650) is currently running 3 percent higher versus the same time last year (630) and 41 percent above the... Read More »

Pending Home Sales Inch up in the U.S., Drop in the West

Pending Home Sales Inch up in the U.S., Drop in the West

Having dropped to a 39-month low at the beginning of the year, the National Association of Realtors Pending Home Sales Index, for which 100 denotes “an average level” of activity, inched up 0.4 percent from a downwardly revised 107.2 in February to 107.6 in March, driven by activity in... Read More »

Pending Home Sales in the U.S. Tick Up along with Inventory

Having dropped to a 39-month low at the beginning of the year, the National Association of Realtors Pending Home Sales Index, for which 100 denotes “an average level” of activity, ticked up 3.1 percent in February to 107.5 but remains 4.1 percent lower versus the same time last year... Read More »

New Condo Sales and Pricing Dip in San Francisco

New Condo Sales and Pricing Dip in San Francisco

While the sales figures for new condos in San Francisco at the beginning of this year received a boost from the official opening of the sales office for the 42-unit development at 1188 Valencia Street (a.k.a. 1198 Valencia) at the end of last year, with only six unit left... Read More »

Pace of New Home Sales in the U.S. Inches Up, Drops in the West

Pace of New Home Sales in the U.S. Inches Up, Drops in the West

Having dropped a downwardly revised 4.7 percent in January, the seasonally adjusted pace of new single-family home sales in the U.S. inched up 0.6 percent in February to annual pace of 618,000 sales, which is 0.5 percent higher on a year-over-year basis but remains 4.3 percent below average for... Read More »

Pace of New Home Sales in the U.S. Slips despite More Inventory

Pace of New Home Sales in the U.S. Slips despite More Inventory

The seasonally adjusted pace of new single-family home sales in the U.S. dropped 7.8 percent last month, from an annual pace of 643,000 sales in December to 593,000 in January, and is now running 1.0 percent lower versus the same time last year and 8.6 percent below its long-term... Read More »

New Condo Sales and Pricing Tick Up in SF as Inventory Drops

New Condo Sales and Pricing Tick Up in SF as Inventory Drops

Boosted by the official opening of the sales office for the new Mission District development at 1188 Valencia Street (a.k.a. 1198 Valencia), the number of purchase contracts signed for new construction condos in San Francisco totaled 80 in January versus 18 in January of 2017, according to sales office data... Read More »