NAR Reports on Housing Sales – News & Analysis

Feb 25, 2009 – Existing-Home Sales

NAR Chief Economist Lawrence Yun reports on the latest existing home sales numbers in January 2009.
07:46 minutes

March 9, 2009 – Pending Sales

NAR Chief Economist Sales Lawrence Yun talks about March 2009 existing-home sales (EHS) survey data at an April 23, 2009 press conference at NAR headquarters in Washington, DC.
07:35 minutes

April 1, 2009 – Pending Home Sales Up

Realtor(R) Magazine talks with NAR Chief Economist Lawrence Yun about pending home sales report released April 1, 2009.
04:41 minutes

Economic Stimulus: Impact on Housing

Drop in metro Phoenix foreclosures

“Valley foreclosures and pre-foreclosures both fell in April, while the number of foreclosure cancellations climbed. All good indicators for the housing market as long as they continue.

Trustee notices, or pre foreclosures, fell to 9,092 in April from 10,689 in March, reports data research firm Information Market.

Actual foreclosures, trustee deeds, fell to 3,103 last month from March’s 3,377. Cancellations fell by 500 in April to 2,668.

Also, fewer foreclosures are going back to the lender, which could signal more short sales going through and investors buying homes at trustee auctions. About 89 percent of Valley foreclosures went back to the lender in April. In March and for most of the past year, about 95 percent of all foreclosures have gone back to the lender.”
See entire article with Catherine Reagor