Articles Recently Tagged: Inventory

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Pending Home Sales in the U.S. Inch up while Inventory Climbs

Pending Home Sales in the U.S. Inch up while Inventory Climbs

Having slipped 0.5 percent in May, the National Association of Realtors Pending Home Sales Index, for which 100 denotes “an average level” of activity, inched up 0.9 percent in June to 106.9 but remains 2.5 percent lower on a year-over-year basis and 4.8 percent below last year’s high of... Read More »

Pace of Existing Home Sales in the U.S. Drops, Inventory Increases

Having slipped an upwardly revised 0.7 percent in May, the pace of existing-home sales across the U.S. dropped another 0.6 percent in June to a seasonally adjusted annual rate of 5.38 million sales which is 2.2 percent lower versus the same time last year. At the same time, the... Read More »

50 Percent More Homes on the Market in San Francisco versus 2015

50 Percent More Homes on the Market in San Francisco versus 2015

While having slipped 6 percent over the past month with typical seasonality in play, the number of single-family homes and condos actively listed for sale in San Francisco has ticked up 9 percent over the past two weeks to 650, which is 3 percent higher on a year-over-year basis... Read More »

Pending Home Sales in the U.S. Slip While Inventory Ticks Up

Pending Home Sales in the U.S. Slip While Inventory Ticks Up

Having dropped 1.3 percent in April, the National Association of Realtors Pending Home Sales Index, for which 100 denotes “an average level” of activity, slipped another 0.5 percent in May to 105.9, which is now 2.2 lower on a year-over-year basis overall and 5.7 percent below last year’s high... Read More »

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

Speaking of inventory levels, and despite what you might have read elsewhere, while the number of homes on the market in San Francisco has inched down over the past week with normal seasonality in play, there are actually 4 percent more homes on the market right now (710) than... Read More »

Pace of New Home Sales in the U.S. Rebounds, but Not out West

Pace of New Home Sales in the U.S. Rebounds, but Not out West

Having dropped a downwardly revised 3.7 percent in April, the seasonally adjusted pace of new single-family home sales in the U.S. rebounded 6.7 percent in May to annual pace of 689,000 sales which is 14.1 percent higher on a year-over-year basis and 6.0 percent above the long-term average for... Read More »

Pricing Index for New Condos in S.F. Inches Up, Sales Slip

Pricing Index for New Condos in S.F. Inches Up, Sales Slip

Having ticked up 4.5 percent in April, the Mark Company’s pricing index for new condos in San Francisco inched up another 0.4 percent in May and is now running 1.7 percent higher versus the same time last year but remains 11.9 percent below its peak in the third quarter... Read More »

Inventory of Homes for Sale in San Francisco Ticks Up

Inventory of Homes for Sale in San Francisco Ticks Up

Driven in part by a slowdown in sales activity since the beginning of the year, the number of single-family homes and condos actively listed for sale in San Francisco has ticked up a little over 6 percent over the past month to 690, which is roughly even with the... Read More »

Pending Home Sales Drop in the U.S. despite More Inventory

Pending Home Sales Drop in the U.S. despite More Inventory

Having inched up 0.4 percent in March, the National Association of Realtors Pending Home Sales Index, for which 100 denotes “an average level” of activity, declined 1.3 percent in April to 106.4 in March and is now running 2.1 lower versus the same time last year and 5.3 percent... Read More »

Pace of Existing Home Sales in the U.S. Drops, Inventory Ticks Up

Having ticked up 1.1 percent in March but slipped on a year-over-year basis, the pace of existing-home sales in the U.S. dropped 2.5 percent in April to a seasonally adjusted annual rate of 5.46 million sales which is 1.4 percent lower versus the same time last year. At the... Read More »