Sandi Dreiling

Coldwell Banker United, Realtors - Memorial Office

10947 Town & Country Way # 800
Houston, TX 77024


Cell: 832-443-6244   
Phone: 713-722-4214 
Fax: 713-722-6895

Housing Trends

July 2013

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National market update

June Exiting Home Sales Slip BUT Prices Continue to Roll at Double Digit Rates

WASHINGTON (July 22, 2013) – Existing-home sales declined in June but have stayed well above year-ago levels for the past two years, while the median price shows seven straight months of double-digit year-over-year increases, according to the National Association of Realtors®. Read more

Homeowners Surge, Investors Slump

Steve Cook shares results in the latest Campbell/Inside Mortgage Finance HousingPulse Tracking Survey. Steve says findings report "Current homeowners are providing much of the buying power currently driving the housing market, while investors are continuing to lose steam in the face of rapidly escalating home prices".
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National housing indicators

Existing home sales ()

5.08 million units*

Existing home median price ()

$214,200

Housing Starts ()

836,000 units*

New home sales ()

459,000 units (estimated) *

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

National economic indicators

Home ownership

1st Qrt 13

65.0%

1st Qrt 12

65.4%

The homeownership rate in the first quarter 2013 (65.0 percent) was lower than the first quarter 2012 rate (65.4 percent). The homeownership rate in the South was lower than the corresponding first 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

Jun 13

+8.3%

May 13

+1.3%

Sales of new single-family houses in June 2013 were at a seasonally adjusted annual rate of 497,000. This is 8.3 percent (+/- 20.5%)* above the revised May 2013 estimate of 459,000.

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 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.

Sandi Dreiling

I will always be there for you.

I was there for you then and I will be here for you now.

I was there for you then and I will be here for you now.

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Existing Home Statistics

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