Category Archives: West Region

US Homes Report – October 2020

US Homes Report – October 2020

 

  • National averages of Existing Home Sales increased by 4.3% and National Average Existing Home Prices increased to 0.5% in October 2020
  • Existing home sales Months Supply was at 2.5 months supply reflecting 7.4% decrease from month ago. Existing home sales Housing inventory is at 1,420,000 units reflecting a 2.7% decrease from month ago
  • SFR Delinquency Rate this 1st Quarter of 2020 is at 2.81% reflecting a 11.1% increase from year ago, Mortgage Rate Reading for 29th of October is 2.81% for 30 yr, 2.32% for 15 yr, 2.88% for 5 yr and Mortgage Applications increased by 1.7% for the week ending October 28, 2020
  • New Privately owned housing units started is at 1,530,000 reflecting a 14.2% increase from year ago. New one family houses sold in US increased to 999,000 units with 41.5% increase from year ago and Mean Sales Price of Existing Homes increased to $345,100 with 0.6% increase from month ago

 

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