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US Homes Report – February 2019

US Homes Report – February 2019

  • West had the highest averages in Existing Home Sales at 16.0% increase and Northeast and South had a 1.5% increase in Existing Home Prices in February 2019
  • Existing home sales Months Supply was at 3.5 months supply reflecting 10.3% decrease from month ago. Existing home sales Housing inventory increased to 1,630,000 units reflecting a 2.5% increase from month ago
  • SFR Delinquency Rate this 4th Quarter of 2018 is at 2.83% reflecting a 20.5% decrease from year ago, Mortgage Rate Reading for 28th of February is 4.35% for 30 yr, 3.77% for 15 yr, 3.84% for 5 yr and Mortgage Applications increased by 5.3% for the week ending February 27, 2019
  • New privately owned housing units decreased to 1,142,000 in February 2019 reflecting a 11.5% decrease from year ago. New one family houses sold in US decreased to 662,000 units with 0.2% decrease from year ago and Mean Sales Price of Existing Homes increased to $288,500 with 0.1% increase from month ago


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