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Existing Home Sales

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  • Housing market now 'underperforming'     Friday, 21 Feb 2014 | 2:48 PM ET

    Existing home sales fell more than 5 percent in January and home builder confidence continues to wane. CNBC's Diana Olick reports on the "dismal" housing data.

  • Media mogul Rupert Murdoch is buying a 4-floor penthouse in Manhattan for $57 million. Dolly Lenz of Dolly Lenz Real Estate represented Murdoch on the sale.

  • Existing home sales fall     Friday, 21 Feb 2014 | 1:34 PM ET

    Home sales were down the most in the the western states, which points directly to weak affordability and a lack of supply, reports CNBC's Diana Olick. Dolly Lenz, weighs in.

  • WASHINGTON, Feb 21- U.S. home resales fell to an 18 month-low in January as the combination of cold weather and a lack of housing stock sidelined potential buyers. The National Association of Realtors said on Friday home sales dropped 5.1 percent to an annual rate of 4.62 million units, the lowest level since July 2012.

  • U.S. existing home sales slump to 18-month low Friday, 21 Feb 2014 | 10:00 AM ET

    WASHINGTON, Feb 21- U.S. home resales fell more than expected in January and hit an 18 month-low as the combination of cold weather and a lack of housing stock sidelined potential buyers. The National Association of Realtors said on Friday home sales dropped 5.1 percent to an annual rate of 4.62 million units, the lowest level since July 2012.

  • January existing home sales down 5.1%     Friday, 21 Feb 2014 | 10:00 AM ET

    CNBC's Diana Olick reports the latest homes sales data, including the decline in existing January home sales.

  • The next disappointing report: Existing home sales Thursday, 20 Feb 2014 | 5:44 PM ET
    Traders on the floor of the New York Stock Exchange.

    January's existing home sales are expected to show a decline of 3.5 percent to 4.7 million, and nobody will be surprised if it is worse.

  • Cold winter's economic tale     Tuesday, 18 Feb 2014 | 1:08 PM ET

    CNBC's Steve Liesman breaks down the economic data of the sectors hardest hit by the harsh winter weather.

  • No UK housing bubble, just a London one: EY Monday, 3 Feb 2014 | 4:56 AM ET

    London is at risk of a housing bubble but the rest of the U.K. looks set to escape wild gyrations in the property market, a report argues.

  • Home sales slowed at end of 2013     Thursday, 23 Jan 2014 | 1:07 PM ET

    CNBC's Diana Olick provides insight on weakening home sales data at the end of last year.

  • WASHINGTON, Jan 23- U.S. home resales rose in December after three straight months of declines, showing some resilience in the housing market recovery despite higher mortgage rates. Existing home sales rose 1 percent last month to an annual rate of 4.87 million units, the National Association of Realtors said.

  • U.S. existing home sales rise modestly in December Thursday, 23 Jan 2014 | 10:00 AM ET

    WASHINGTON, Jan 23- U.S. home resales rose slightly in December after three monthly falls in a row, as record low mortgage interest rates and pent-up demand continue to sustain a recovery in the market. The National Association of Realtors said on Thursday that sales of previously owned homes rose 1.0 last month, to an annual rate of 4.87 million units.

  • Investors break into foreclosed homes     Wednesday, 8 Jan 2014 | 10:17 AM ET

    The year's first foreclosure auction took place yesterday in Atlanta. CNBC's Diana Olick looks at the properties that sold and how easy it is to break into foreclosed homes bought sight unseen.

  • Housing could be facing another bubble: Shiller Tuesday, 31 Dec 2013 | 9:54 AM ET

    The U.S. housing market could be in the early stages of yet another bubble, warned Robert Shiller, co-founder of the Case-Shiller index.

  • WASHINGTON, Dec 19- U.S. home resales fell sharply in November to their lowest level in nearly a year, hurt by a rise in interest rates since the spring and ongoing price increases that have shut some home buyers out of the market.

  • Existing home sales drop to 3.2 percent     Wednesday, 20 Nov 2013 | 2:24 PM ET

    CNBC's Diana Olick reports on the disappointing numbers and how the low rate of first-time buyers is hurting the market.

  • WASHINGTON, Nov 20- U.S. home resales fell in October to their lowest since June due to an inventory shortage and high property prices that have dampened buying power. The National Association of Realtors said on Wednesday that sales of previously owned homes fell 3.2 percent last month to an annual rate of 5.12 million units.

  • U.S. existing home sales edge down, inventory flat Wednesday, 20 Nov 2013 | 10:06 AM ET

    WASHINGTON, Nov 20- U.S. home resales fell in October due to an inventory shortage and high property prices that have dampened buying power and are expected to drag on the housing market recovery. The National Association of Realtors said on Wednesday that sales of previously owned homes fell 3.2 percent last month to an annual rate of 5.12 million units.

  • October business inventories up 0.6%     Wednesday, 20 Nov 2013 | 10:00 AM ET

    CNBC's Rick Santelli and Diana Olick report the latest economic data. Existing home sales are down 3.2 percent in October.

  • Existing home sales: Issue for consumer?     Monday, 21 Oct 2013 | 10:04 AM ET

    Nick Colas, ConvergEx Group, and Diane Swonk, Mesirow Financial, discuss the impact of falling existing home sales on the overall markets. It's a real problem for first time buyers with overhang of student debt" says Swonk.

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