Iliana Carvajal

Realty Associates

1223 ANTOINE
HOUSTON, TX 77055


Cell: 713-773-9988   
Phone: (713) 773-9988 
Fax: 7134818325

Housing Trends

July 2015

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National market update

Existing-Home Sales Rise in June as Home Prices Surpass July 2006 Peak

WASHINGTON (July 22, 2015) — Existing-home sales increased in June to their highest pace in over eight years, while the cumulative effect of rising demand and limited supply helped push the national median sales price to an all-time high, according to the National Association of Realtors®. All major regions experienced sales gains in June and have now risen above year-over-year levels for six consecutive months.

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3 Reasons Why It's a Great Time for Sellers

Rising home prices, demand from home buyers, and less competition is making 2015 a stellar year to sell for many U.S. home owners across the country, says Daren Blomquist, RealtyTrac's vice president.

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National housing indicators

Existing home sales (July)

5.49 millions units*

Existing home median price (July)

$236,400

Housing Starts (July)

11.74 millions units*

New home sales (July)

5.46 millions units*

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

National economic indicators

Home ownership

1st Qtr 2015

+63.7%

1st Qtr 2014

+64.8%

The homeownership rate in the first quarter 2015 was 63.7 percent, down 1.1 (+/- 0.4) percentage points from the first quarter 2014 rate of 64.8 percent. The homeownership rates in the Northeast, South and West were lower than the rates in the first quarter 2014, while the rate in the Midwest was not statistically different from the rate a year ago.

New home sales

June 2015

-6.8%

May 2015

-1.1%

Sales of new single-family houses in June 2015 were at a seasonally adjusted annual rate of 482,000. This is 6.8 percent (+/- 12.5%)* below the revised May 2015 estimate of 517,000.

Source: U.S. CENSUS BUREAU

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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 150 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.

Iliana Carvajal

Houston Real Estate continues its trend of successful sells. Read more

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Existing Home Statistics

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