United States Existing Home Sales

Sales of previously owned houses in the US slumped 3.4 percent to a seasonally adjusted annual rate of 5.15 million in September of 2018, following a revised 0.2 percent drop in August and much worse than market expectations of a 0.7 percent decline to 5.3 million. It is the smallest number since November of 2015 as lower number of properties for sale has pushed up prices. The median house price fell to $258,100 from $265,600 in August but increased from $247,600 a year earlier. The months' worth of supply edged up to 4.4 from 4.3. In addition, the number of houses available in the market declined to 1.88 million from 1.91 million. Year-on-year, existing home sales dropped 4.1 percent. Existing Home Sales in the United States averaged 3942.20 Thousand from 1968 until 2018, reaching an all time high of 7250 Thousand in September of 2005 and a record low of 1370 Thousand in March of 1970.

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Calendar	GMT		Actual	Previous	Consensus	TEForecast
2018-08-22	02:00 PM	Existing Home Sales	5.34M	5.38M	5.4M	5.4M
2018-09-20	02:00 PM	Existing Home Sales	5.34M	5.34M	5.35M	5.36M
2018-10-19	02:00 PM	Existing Home Sales	5.15M	5.33M	5.3M	5.31M
2018-11-21	03:00 PM	Existing Home Sales		5.15M	5.25M	5.1M
2018-12-20	03:00 PM	Existing Home Sales

United States Housing	Last	Previous	Highest	Lowest	Unit
Building Permits	1241.00	1249.00	2419.00	513.00	Thousand	[+]
Housing Starts	1201.00	1268.00	2494.00	478.00	Thousand units	[+]
New Home Sales	553.00	585.00	1389.00	270.00	Thousand	[+]
Pending Home Sales	-1.00	-2.40	30.90	-24.30	percent	[+]
Existing Home Sales	5150.00	5330.00	7250.00	1370.00	Thousand	[+]
Construction Spending	0.00	0.80	5.90	-4.80	percent	[+]
Housing Index	0.30	0.40	1.20	-1.80	percent	[+]
Nahb Housing Market Index	68.00	67.00	78.00	8.00		[+]
Mortgage Rate	5.15	5.11	10.56	3.47	percent	[+]
Mortgage Applications	-4.00	-2.50	49.10	-38.80	percent	[+]
Case Shiller Home Price Index	213.72	213.77	213.77	100.00	Index Points	[+]
Home Ownership Rate	64.40	64.30	69.20	62.90	percent	[+]

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 November of 2018.