Colorado Association of REALTORS | Market Demands
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Market Demands Tag

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Health of the Real Estate Economy

You may have seen recent articles warning of “ominous signs for the U.S. housing market.”  One article states that, “recent housing starts data were extremely weak for the month of June, raising alarm about housing.”  Another headline announces that the, “Housing Market Looks Headed for Its Worst Slowdown in Years.”   NAR’s Chief Economist, Lawrence Yun, says that despite the headlines, “Home price growth...

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U.S. Existing-Home Sales Rise in May Despite Tight Supply

U.S. Existing-Home Sales Rise in May Despite Tight Supply Sales increased 1.1% from April and the median sales price jumped 5.8%   Existing-home sales rose 1.1% in May from the prior month to a seasonally adjusted annual rate of 5.62 million, the National Association of REALTORS® said Wednesday. Economists had expected a modest decline from April. Compared with a year earlier, sales were...