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US Homes Report – March 2020

US Homes Report – March 2020

  • National averages of Existing Home Sales decreased by 8.5% and National Average Existing Home Prices increased to 3.8% in March 2020
  • Existing home sales Months Supply was at 3.4 months supply reflecting 13.3% increase from month ago. Existing home sales Housing inventory is at 1,500,000 units reflecting a 2.7% increase from month ago
  • SFR Delinquency Rate this 2nd Quarter of 2019 is at 2.35% reflecting a 17.0% decrease from year ago, Mortgage Rate Reading for 26th of March is 3.50% for 30 yr, 2.92% for 15 yr, 3.34% for 5 yr and Mortgage Applications decreased by 29.4% for the week ending March 25, 2019
  • New privately owned housing units increased to 1,216,000 in March 2020 reflecting a 1.4% increase from year ago. New one family houses sold in US increased to 627,000 units with 9.5% decrease from year ago and Mean Sales Price of Existing Homes increased to $316,000 with 3.3% increase from month ago

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