Welcome to Front Porch LLC

Front Porch is a real estate company that wants you to know stuff. Really.
Previous Post: I live in New York City. How do I find out how much I’ve paid in property taxes?   Next Post: This looks like an atypical real estate site. How do I use it?

What are the latest housing sales numbers?

The volume of home sales — that is the number of transactions — is an important barometer of how well the housing market is doing. These numbers are “seasonally adjusted” — because normally people with kids buy in the spring and summer to get set up for a new school year, so the statisticians take that into account when they release the numbers month-by-month.

The most recently released annual rate was 526,000 — bear in mind that this is one-family houses only, so it doesn’t count apartments or two-family homes like the one you might be eyeing in Brooklyn.

Still, that’s the lowest monthly rate since 1991. The Times story on it is here and a pdf of the underlying data can be found by clicking “New Residential Sales” here

Posted in Uncategorized 12 years, 3 months ago at 11:27 am.

Add a comment

Comments are closed.

Warning: Unknown: open(/home/content/96/11733196/tmp/sess_ciku9cr3pt8uii2t9gke1fmt76, O_RDWR) failed: No such file or directory (2) in Unknown on line 0

Warning: Unknown: Failed to write session data (files). Please verify that the current setting of session.save_path is correct () in Unknown on line 0