Following four consecutive quarters of growth, District home sales softened during the first quarter of 2010, dropping 15.2 percent from the previous quarter, according to the National Association of Realtors.
According to data from First American CoreLogic, home price declines (measured year over year and including distressed sales) continued to abate across the region in April except in Mississippi.
Data from First American CoreLogic show that home price growth (measured year over year and excluding distressed sales) in April continued to improve except in Louisiana, where growth, albeit positive, moderated somewhat.
The National Association of Realtors reported that existing single-family home sales in the South Census region for May held steady on a year-over-year basis while the median home price remained slightly positive.
According to Florida Realtors®, statewide existing single-family home sales growth moderated in May but remained above the year-earlier level, up 18 percent following a 27 percent increase in April.
Data from the U.S. Census Bureau show that District single-family permits (non–seasonally adjusted) slipped a bit in May, rising 30 percent on a year-over-year basis following a 33 percent increase in April.
According to Florida Realtors®, condominium sales growth statewide softened again in May, rising 40 percent year over year after a 55 percent increase in April.
Data from the U.S. Census Bureau show that District multifamily permits (non–seasonally adjusted) remained down in May on a year-over-year basis, falling 7 percent.