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United States Existing Home Sales

Last Release
Apr 30, 2024
Actual
4,140
Units In
Thousand
Previous
4,220
Frequency
Monthly
Next Release
Jun 21, 2024
Time to Release
28 Days 14 Hours
Highest
Lowest
Average
Date Range
Source
7,250
Sep 2005
1,370
Mar 1970
4,065.87 Thousand1968-2024National Association of Realtors
Existing Home Sales occurs when the mortgage is closed. Mortgage closing usually takes place 30-60 days after the sales contract is closed.

Latest Updates

Existing home sales in the US declined 1.9% month-over-month to a seasonally adjusted annualized rate of 4.14 million units in April 2024, the lowest in three months, compared to an upwardly revised 4.22 million in March and forecasts of 4.21 million. "Home sales changed little overall, but the upper-end market is experiencing a sizable gain due to more supply coming onto the market," said NAR Chief Economist Lawrence Yun. Sales declined in the four major US regions. Total housing inventory was 1.21 million units, up 9% from March and 16.3% from one year ago. Unsold inventory sits at a 3.5-month supply at the current sales pace, up from 3.2 months in March and 3 months in April 2023. For homes priced $1 million or more, inventory and sales increased by 34% and 40%, respectively, from a year ago. Meanwhile, the median existing-home price for all housing types was $407,600, an yoy increase of 5.7%. It is the tenth consecutive annual gain and the highest price ever for the month of April.

United States Existing Home Sales History

Last 12 readings

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