The information from the National Association of Realtors show that the existing home sales for June 2011 figures, showing that there was a decrease of 0.8% annualized rate, from May 2011 home sales. The existing home sales for June 2011 are now 8.8% below what they were in June 2010. Not very good news for home sales. Hopefully the will pick up next month.

For this month private construction spending rose 1.7 percent in April. The most interesting information I find for April is that Home prices are down in 20 cities to the lowest level since 2003. Construction began on on 523,000 houses in April, next month should be a boost when they get all the debris cleared from all the tornado damaged homes in the South last month.

Overall it looks like the housing market is taking a nose dive, maybe due to storms and flooding. Lets hope May does better.

Current Home Sales grew larger in March 2011, according to the National Association of Realtors®.

Home sales for March 2011 increased 3.7 percent from February 2011, with about 5.10 million in homes sold in March. Home sales were down by 6 percent from March 2010, where 5.44 million homes were sold. Looks we need to bring back the first time home buyer credit.

Current sales of Single Family homes for February decreased 16.9% from January. The sales volume of current homes was 250,000 new homes a 28 percent drop from a February 2010. February marks an all time record low.

This is not good, but some good news is that national average fixed rate mortgage for a 30-year conventional loan was 4.84 percent in March. This interest rate is down from 5 percent from interest rates on 30-year conventional loan in February.

Some good news in January.

Current home sales increased in January 2011. This will marked the 3rd month in a roll with increased sales according to the National Association of REALTORS®.

Current home sales 2.7 percent to 5.36 million in January 2011. Current home sales were 5.09 million units in January 2010. First time in seven months that current home sales was higher than same month last year.

The Sales of current homes increased in December 2010. Home sales grew according to the National Association of REALTORS®.

Current home sales increased 12.3% to a seasonally adjusted annual rate of 5.28 million home sales in December compared to 4.7 million homes sold in November but are 3 percent below the 5.44 million homes sold in December 2009.

The national median current home price for all housing types was $168 thousand in December.

Current home sales increased in November, according to the National Association of Realtors®. Current home sales were at the 4.68 million mark in November 2010. This is 5.6 percent increase from October 2010 home sales of 4.42 million units.

It looks like the first-time home buyer tax credit worked in November 2009, when home sales peaked at 6.49 million home sales. Maybe we need more of that.

Current home sales went down in October on the heels of two strong monthly gains, according to the National Association of REALTORS®.

Home sales dropped 2.2 percent with a 4.4 million homes sold in October. This must be just an adjustment and hope sales pick up in the months to come.