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National market update
Housing Stimulus and Stabilization Will Help Economic Recovery
WASHINGTON, February 12, 2009 - The following is a statement by National Association of Realtors® President Charles McMillan:
"The American Recovery and Reinvestment Act is important for the U.S. economy and contains some important housing provisions. Eliminating the repayment provision in the $7,500 first-time home buyer tax credit will help bring buyers to the market and reduce housing inventory. More...
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4th Quarter Metro Area Home Prices Down as Buyers Purchase Distressed Property
WASHINGTON, February 12, 2009 - Most metropolitan area median home prices, impacted by distressed sales, trended down in the fourth quarter from a year earlier. At the same time, existing-home sales rose in only six states from the fourth quarter of 2007, according to the latest survey by the National Association of Realtors. More... Read more
January Existing-Home Sales Fall, Inventory Down
WASHINGTON, February 25, 2009 - Existing-home sales declined in January with some buyers waiting to see how details of the economic stimulus package would affect them, according to the National Association of Realtors®. At the same time, inventories fell to a two-year low. More...
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National housing indicators
Existing home sales ()
4.49 million units*
Existing home median price ()
$170,300
Housing Starts ()
466,000 units*
New home sales ()
309,000 units*
*Seasonally adjusted annual rate. Source: NATIONAL ASSOCIATION OF REALTORS®.
National economic indicators
Home ownership
4th Qtr 08
67.5%
4th Qtr 07
67.8%
The homeownership rate in the fourth quarter 2008 (67.5%) was not statistically different from the fourth quarter 2007 rate (67.8%). No region showed a significant change from corresponding rates in the fourth quarter 2007.
New home sales
Jan 09
-10.2%
Dec 08
-9.5%
Sales of new one-family houses in January 2009 were at a seasonally adjusted annual rate of 309,000. This is 10.2% below the revised December 2008 estimate of 344,000.
Source: U.S. CENSUS BUREAU
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Regional market updates
View market statistics for your region.
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.
Local Prices & State Sales
Cheryl Cooper
Disclaimer: The views, opinions, statements and/or ideas expressed in this Message Section do not reflect the ideas, policy, position, views or opinion of Move,Inc.
Consumer tips & hot properties

Take the Stress out of Buying a Home
Which emotion surges higher when buying a home excitement or anxiety? Either or both can take significant hold during the homebuying process. Imagining the possibilities of your new house can bring great joy, while the financial implications of making such a purchase create worries for most people. You can take steps to reduce the stress, though, and focus on the enjoyable aspects of buying a new home. More...
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Shop Around for Lower Insurance Rates
Does it surprise you that Texas homeowners pay more for homeowners insurance than residents of any other state in the U.S.? You may wonder why residents of Florida with all of its hurricanes and California with earthquakes, mudslides, and wildfires don’t pay more. Average Texas rates easily surpass those states, though, according to information from the National Association of Insurance Commissioners. More...
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Rental Property Owned by Celebrity
$28,000 buys you a week in Steve Martin's villa on the Caribbean island of St. Barthelemy.
More...
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Take Another Look at the Housing Market- This Might be Best Time to Buy
First-time Homebuyers are big winners. They're in a unique position to take advantage of the declines in housing prices and move right in. Being a buyer's market for the first time in many years, renter's impossible dream of homeownership are coming true. More...
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Existing Home Statistics
View statistics based on national data, regional data and data gathered from 159 cities & metropolitan areas.
National Statistics
Statistics by City or Metropolitan Area
Regional Statistics
Source: NATIONAL ASSOCIATION OF REALTORS®.