A Primer for Home Sales Data
Unless you are deep in the industry, housing sales figures can be confusing. Realtor.com, though, looked at the recent reports and broke down the most significant elements.
Within the existing-home market, Realtor says that 2015 has been the healthiest year for sales since 2006. For new-home sales, the site found that a recent report on trends in June was skewed by a small sample size.
As for pending home sales, Realtor offers this housing metrics lesson: “Pay close attention to differences in trends in seasonal versus nonseasonal data.”
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