United States Realty

This page provides an overview of the realty market conditions for the United States. It is also provides a number of resources for use by people who are thinking a buying or selling property in the United States.

United States Realty Market

January 2007 New Home Sales

Just like existing home sales new home sales declined in Jan 2007. They went down 20.1% year on year and 16.6% compared to Dec 2006. The decline in sales put pressure on home prices and as a result median prices for new single family homes went down 2.1% compared to last year. The following table shows home sales on a region by region basis:

January 2007 Existing Home Sales

The housing market continued to struggle in Jan 2007 with the median home price dropping 3.1 percent compared to last year and existing home sales volumes dropping 4.1%. While these numbers are down on last year they are better than expected, with sales being fueled by the mild climate.