O'Conor & Mooney Realtors

O'Conor & Mooney Realtors

2333 W. Joppa Road
Lutherville, MD 21131


Cell: 410-321-8800   
Phone: 410-321-8800 
Fax: 410-321-6292

Housing Trends

September 2018

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National market update

Existing-Home Sales Slip 0.7 Percent in July

WASHINGTON (August 22, 2018) — Existing-home sales subsided for the fourth straight month in July to their slowest pace in over two years, according to the National Association of Realtors®. The West was the only major region with an increase in sales last month.





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The Best—and Worst—Cities to Raise a Family in 2018 Aren't Where You'd Expect

Whether you're an anxious parent-to-be or harried mom or dad to six kids, where you choose to raise your progeny is of tantamount importance. Because, let's face it, some cities and towns are simply more family-friendly than others.





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National housing indicators

Existing home sales (July)

5.34 millions units*

Existing home median price (July)

$269,600

Housing Starts (July)

1.168 millions units*

New home sales (June)

0.631 millions units*

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

National economic indicators

Home ownership

1st Quarter 2018

64.2%

2nd Quarter 2018

64.3%

The homeownership rate of 64.3 percent was not statistically different from the rate in the second quarter 2017 (63.7 percent) nor from the rate in the first quarter 2018 (64.2 percent).

New home sales

June 2018

-5.3%

July 2018

-1.7%

Sales of new single-family houses in July 2018 were at a seasonally adjusted annual rate of 627,000, according to estimates released jointly today by the U.S. Census Bureau and the Department of Housing and Urban Development. This is 1.7 percent (±14.7 percent)* below the revised June rate of 638,000, but is 12.8 percent (±15.7 percent)* above the July 2017 estimate of 556,000.

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.

O'Conor & Mooney Realtors

Washington, DC, September 21, 2011 Existing-home sales increased in August, even with ongoing tight credit and appraisal problems, according to the National Association of Realtors®. Monthly gains were seen in all regions. Total existing-home sales, rose 7.7 percent to a rate of 5.03 million in August... Read more

Good News!! Washington, May 12, 2011 - Economy & Affordability Drive Home Sales Growth Home higher than last year, even without the benefit of the home buyer tax credit. This is due to sustained economic growth, the slowly recovering jobs picture, and high affordability conditions, said NAR Chief Economist Lawrence Yun at the NAR mid year meeting. Read more

March 10, 2011 Rockville, MD –(March 10, 2011) – According to data released today by RealEstate Business Intelligence (RBI), an MRIS company, the Baltimore metro area housing market showed gains in pending home sales in the first two months of 2011, reaching its highest level since April 2010 when the federal homebuyer’s tax credit expired. Read more

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Existing Home Statistics

View statistics based on national data, regional data and data gathered from 159 cities & metropolitan areas.