NATIONAL ASSOCIATION OF REALTORS®NATIONAL ASSOCIATION OF REALTORS®

RESEARCHRESEARCH

Summary of Summary of JUNEJUNE 2010 2010 Existing Home Sales StatisticsExisting Home Sales Statistics

Total  Existing Home Sales, AnnualizedJune Sales Increased 9.8 Percent YoY

EHS T t l S l

6,500,000

7,000,000EHS Total Sales

5,500,000

6,000,000

4 000 000

4,500,000

5,000,000

3,000,000

3,500,000

4,000,000

, ,

2006.062006.082006.102006.122007.022007.042007.062007.082007.102007.122008.022008.042008.062008.082008.102008.122009.022009.042009.062009.082009.102009.122010.022010.042010.06

Summary of MAY 2010  Existing Home Sales StatisticsSummary of MAY 2010  Existing Home Sales Statistics

Median Price of Existing Home SalesJune Price Increased 1.0 Percent YoY

EHS Median Price

$260 000

$280,000

$300,000EHS Median Price

$200 000

$220,000

$240,000

$260,000

$140 000

$160,000

$180,000

$200,000

$100,000

$120,000

$140,000

2 2 2 2 2 2 2 2 2 2 2 2 2 2 2 2 2 2 2 2 2 2 2 2 2006.06006.08006.10006.12007.02007.04007.06007.08007.10007.12008.02008.04008.06008.08008.10008.12009.02009.04009.06009.08009.10009.12010.02010.04010.06

Summary of MAY 2010  Existing Home Sales StatisticsSummary of MAY 2010  Existing Home Sales Statistics

Existing Home Sales Median Price, Percent Change YoY

0 0%

5.0%

‐5 0%

0.0%

2009.02

2009.03

2009.04

2009.05

2009.06

2009.07

2009.08

2009.09

2009.10

2009.11

2009.12

2010.01

2010.02

2010.03

2010.04

2010.05

2010.06

‐10.0%

‐5.0%

2 3 4 5 6 7 8 9 0 1 2 1 2 3 4 5 6

‐15.0%

10.0%

‐20.0%

Summary of MAY 2010  Existing Home Sales StatisticsSummary of MAY 2010  Existing Home Sales Statistics

Total Existing Home Sales, Percent Change YoY

40.0%

50.0%

30.0%

10.0%

20.0%

0.0%

200

200

200

200

200

200

200

200

200

200

200

200

201

201

201

201

201

201

‐10.0%

09.01

09.02

09.03

09.04

09.05

09.06

09.07

09.08

09.09

09.10

09.11

09.12

10.01

10.02

10.03

10.04

10.05

10.06

Summary of MAY 2010  Existing Home Sales StatisticsSummary of MAY 2010  Existing Home Sales Statistics

Total Existing Home Sales Annualized by RegionNE: Up 17.1%YoY MW: Up 11.8% YoYS: Up 11 0% YoY W: Up 0 9% YoY

2 100 000

2,600,000

S: Up 11.0% YoY W: Up 0.9% YoY

1,600,000

2,100,000

600,000

1,100,000

100,000

Northeast Midwest South West

Summary of MAY 2010  Existing Home Sales StatisticsSummary of MAY 2010  Existing Home Sales Statistics

Housing Supply at the National LevelNational: Down 5.3% YoY

Single‐family: Down 2.2% YoY Condo/Co‐ops: Down 19.1% YoY

15 0

17.0

Single family: Down 2.2% YoY Condo/Co ops: Down 19.1% YoY

11.0

13.0

15.0

7.0

9.0

5.0

National Mos. Supply Single‐family Mos. Supply Condo/Co‐ops Mos. Supply

Summary of MAY 2010  Existing Home Sales StatisticsSummary of MAY 2010  Existing Home Sales Statistics

Sales by Price Range 

$500‐750K

$750‐1M2%

$1M+2%

$0‐100K19%

$500‐750K7%

$250‐500K24%

$100‐250K46%46%

Summary of MAY 2010  Existing Home Sales StatisticsSummary of MAY 2010  Existing Home Sales Statistics

40 0%

Percent Change in Sales From a Year Ago by Price Range

29 8%

35.2%35.0%

40.0%

29.8%

25.0%

30.0%

19.2%

15.0%

20.0%

8.2%6.5%

10.5%

5.0%

10.0%

0.0%

5.0%

$0‐100K $100‐250K $250‐500K $500‐750K $750K‐1M $1M+

Summary of MAY 2010  Existing Home Sales StatisticsSummary of MAY 2010  Existing Home Sales Statistics