July 2023 Market Update
Tom Randall Real Estate Team
by tom@tomrandall.com
7M ago
Note: Data below from July, 2023 is the most recent from the National Association of Realtors. Existing-home sales receded in July, according to the National Association of Realtors®. Among the four major U.S. regions, sales grew in the West but faded in the Northeast, Midwest and South. All four regions registered year-over-year sales declines.   Total existing-home sales – completed transactions that include single-family homes, townhomes, condominiums and co-ops – waned 2.2% from June to a seasonally adjusted annual rate of 4.07 million in July. Year-over-year, sales slumped 16.6% (dow ..read more
Visit website
June 2023 Market Update
Tom Randall Real Estate Team
by tom@tomrandall.com
8M ago
Note: Data below from June, 2023 is the most recent from the National Association of Realtors. Existing-home sales slipped in June, according to the National Association of REALTORS®. Sales varied among the four major U.S. regions, with the Northeast experiencing gains, the Midwest holding steady, and the South and West posting decreases. All four regions recorded year-over-year sales declines. Total existing home sales – completed transactions that include single-family homes, townhomes, condominiums and co-ops – receded 3.3% from May to a seasonally adjusted annual rate of 4.16 million ..read more
Visit website
May 2023 Market Update
Tom Randall Real Estate Team
by tom@tomrandall.com
10M ago
Note: Data below from May, 2023 is the most recent from the National Association of Realtors. Existing-home sales marginally increased in May, according to the National Association of REALTORS®. Sales were mixed among the four major U.S. regions, with the South and West posting improvements and the Northeast and Midwest experiencing pullbacks. All four regions experienced year-over-year sales declines. Total existing home sales – completed transactions that include single-family homes, townhomes, condominiums and co-ops – rose 0.2% from April to a seasonally adjusted annual rate of 4.30 m ..read more
Visit website
April 2023 Market Update
Tom Randall Real Estate Team
by tom@tomrandall.com
11M ago
Note: Data below from April, 2023 is the most recent from the National Association of Realtors. Existing-home sales decreased in April, according to the National Association of REALTORS®. All four major U.S. regions registered month-over-month and year-over-year sales declines. Total existing home sales – completed transactions that include single-family homes, townhomes, condominiums and co-ops – slid 3.4% from March to a seasonally adjusted annual rate of 4.28 million in April. Year-over-year, sales slumped 23.2% (down from 5.57 million in April 2022). "Home sales are bouncing back and ..read more
Visit website
March 2023 Market Update
Tom Randall Real Estate Team
by tom@tomrandall.com
1y ago
Note: Data below from March, 2023 is the most recent from the National Association of Realtors. Existing-home sales edged lower in March, according to the National Association of Realtors®. Month-over-month sales declined in three out of four major U.S. regions, while sales in the Northeast remained steady. All regions posted year-over-year decreases. Total existing home sales – completed transactions that include single-family homes, townhomes, condominiums and co-ops – fell 2.4% from February to a seasonally adjusted annual rate of 4.44 million in March. Year-over-year, sales waned 22.0 ..read more
Visit website
January 2023 Market Update
Tom Randall Real Estate Team
by tom@tomrandall.com
1y ago
Note: Data below from January, 2023 is the most recent from the National Association of Realtors. Existing-home sales fell for the twelfth straight month in January, according to the National Association of Realtors®. Month-over-month sales were mixed among the four major U.S. regions, as the South and West registered increases, while the East and Midwest experienced declines. All regions recorded year-over-year declines. Total existing home sales – completed transactions that include single-family homes, townhomes, condominiums and co-ops – slid 0.7% from December 2022 to a seasonally ad ..read more
Visit website
December 2022 Market Update
Tom Randall Real Estate Team
by tom@tomrandall.com
1y ago
Note: Data below from December, 2022 is the most recent from the National Association of Realtors. Existing-home sales retreated for the eleventh consecutive month in December, according to the National Association of Realtors®. Three of the four major U.S. regions recorded month-over-month drops, while sales in the West were unchanged. All regions experienced year-over-year declines. Total existing home sales – completed transactions that include single-family homes, townhomes, condominiums and co-ops – decreased 1.5% from November to a seasonally adjusted annual rate of 4.02 million in ..read more
Visit website
November 2022 Market Update
Tom Randall Real Estate Team
by tom@tomrandall.com
1y ago
Note: November 2022 data below are the most recent released by the National Association of Realtors. Total existing-home sales (completed transactions that include single-family homes, townhomes, condominiums and co-ops) waned 7.7% from October to a seasonally adjusted annual rate of 4.09 million in November. Year-over-year, sales dwindled by 35.4% (down from 6.33 million in November 2021). "In essence, the residential real estate market was frozen in November, resembling the sales activity seen during the COVID-19 economic lockdowns in 2020," said NAR Chief Economist Lawrence Yun. "The princ ..read more
Visit website
October 2022 Market Update
Tom Randall Real Estate Team
by tom@tomrandall.com
1y ago
Note: October 2022 data below are the most recent released by the National Association of Realtors. Total existing-home sales) completed transactions that include single-family homes, townhomes, condominiums and co-ops) decreased 5.9% from September to a seasonally adjusted annual rate of 4.43 million in October. Year-over-year, sales dropped by 28.4% (down from 6.19 million in October 2021). "More potential homebuyers were squeezed out from qualifying for a mortgage in October as mortgage rates climbed higher," said NAR Chief Economist Lawrence Yun. "The impact is greater in expensive areas ..read more
Visit website
September 2022 Market Update
Tom Randall Real Estate Team
by tom@tomrandall.com
1y ago
Note: September 2022 data below are the most recent released by the National Association of Realtors. Total existing-home sales completed transactions that include single-family homes, townhomes, condominiums and co-ops) retracted 1.5% from August to a seasonally adjusted annual rate of 4.71 million in September. Year-over-year, sales waned by 23.8% (down from 6.18 million in September 2021). “The housing sector continues to undergo an adjustment due to the continuous rise in interest rates, which eclipsed 6% for 30-year fixed mortgages in September and are now approaching 7%,” said NAR Chief ..read more
Visit website

Follow Tom Randall Real Estate Team on FeedSpot

Continue with Google
Continue with Apple
OR