US Homes Report – January 2020

US Homes Report – January 2020

  • National averages of Existing Home Sales decreased by 1.3% and National Average Existing Home Prices fell 3.0% in January 2020
    Existing home sales Months Supply was at 3.1 months supply reflecting 3.3% increase from month ago. Existing home sales
  • Housing inventory is at 1,420,000 units reflecting a 2.2% 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 30th of January is 3.51% for 30 yr, 3.00% for 15 yr, 3.24% for 5 yr and Mortgage Applications increased by 7.2% for the week ending December 26, 2019
  • New privately owned housing units increased to 1,567,000 in January 2020 reflecting a 21.4% increase from year ago. New one family houses sold in US increased to 764,000 units with 18.6% increase from year ago and Mean Sales Price of Existing Homes decreased to $302,700 with 2.7% decrease from month ago

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