Sales of previously owned houses in the US rose 2.5 percent from the previous month to a seasonally adjusted annual rate of 5.34 million in May of 2019. It follows an upwardly revised of 5.21 million and compares to market expectations of 5.25 million. Sales of single family homes jumped 2.6 percent to 4.75 million, rebounding from a 0.9 percent decline in April; while sales of condos increased 1.7 percent to 0.59 million, after a 7.4 percent surge in the prior month. The median house price increased to $277,700 from $266,900 in April and $265,100 a year earlier. The months' worth of supply went up to 4.3 from 4.2 in April. Year-on-year, existing home sales dropped 1.1 percent. Existing Home Sales in the United States averaged 3958.46 Thousand from 1968 until 2019, reaching an all time high of 7250 Thousand in September of 2005 and a record low of 1370 Thousand in March of 1970.

Existing Home Sales in the United States is expected to be 5150.00 Thousand by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Existing Home Sales in the United States to stand at 4900.00 in 12 months time. In the long-term, the United States Existing Home Sales is projected to trend around 4700.00 Thousand in 2020, according to our econometric models.

United States Existing Home Sales
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Calendar GMT Actual Previous Consensus TEForecast
2019-03-22 02:00 PM Existing Home Sales 5.51M 4.93M 5.1M 5M
2019-04-22 02:00 PM Existing Home Sales 5.21M 5.48M 5.3M 5.2M
2019-05-21 02:00 PM Existing Home Sales 5.19M 5.21M 5.35M 5.29M
2019-06-21 02:00 PM Existing Home Sales 5.34M 5.21M 5.25M 5.29M
2019-07-23 02:00 PM Existing Home Sales 5.34M 5.15M
2019-08-21 02:00 PM Existing Home Sales
2019-09-19 02:00 PM Existing Home Sales


United States Housing Last Previous Highest Lowest Unit
Building Permits 1294.00 1290.00 2419.00 513.00 Thousand [+]
Housing Starts 1269.00 1281.00 2494.00 478.00 Thousand units [+]
New Home Sales 626.00 679.00 1389.00 270.00 Thousand units [+]
Pending Home Sales -2.00 -1.10 30.90 -24.30 percent [+]
Existing Home Sales 5340.00 5210.00 7250.00 1370.00 Thousand [+]
Construction Spending 0.00 0.10 5.90 -4.80 percent [+]
Housing Index 0.40 0.10 1.20 -1.70 percent [+]
Nahb Housing Market Index 64.00 66.00 78.00 8.00 [+]
Mortgage Rate 4.06 4.14 10.56 3.47 percent [+]
Mortgage Applications 1.30 -3.40 49.10 -38.80 percent [+]
Case Shiller Home Price Index 215.68 214.09 215.68 100.00 Index Points [+]
Home Ownership Rate 64.20 64.80 69.20 62.90 percent [+]


United States Existing Home Sales

Existing Home Sales occurs when the mortgage is closed. Mortgage closing usually takes place 30-60 days after the sales contract is closed. . This page provides the latest reported value for - United States Existing Home Sales - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. United States Existing Home Sales - actual data, historical chart and calendar of releases - was last updated on June of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
5340.00 5210.00 7250.00 1370.00 1968 - 2019 Thousand Monthly
SA




Country Last Previous
Spain 33.37 Apr/19
Turkey 50960.00 Apr/19
United States 5340.00 May/19


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