Existing home sales in the US, which are completed transactions that include single-family homes, townhomes, condominiums and co-ops, increased 0.8% mom to an annualized 6.34 million in October of 2021, the highest since January and above market forecasts of 6.2 million. Sales were up in the Midwest and the South while the Northeast reported a drop, and the West held steady. Total housing inventory amounted to 1.25 million units, down 0.8% from September. The median existing-home price was $353,900, up 13.1% from October 2020, as prices climbed in each region. "Home sales remain resilient, despite low inventory and increasing affordability challenges. Inflationary pressures, such as fast-rising rents and increasing consumer prices, may have some prospective buyers seeking the protection of a fixed, consistent mortgage payment", said Lawrence Yun, NAR's chief economist. source: National Association of Realtors

Existing Home Sales in the United States averaged 4038.39 Thousand from 1968 until 2021, reaching an all time high of 7250 Thousand in September of 2005 and a record low of 1370 Thousand in March of 1970. 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 - data, historical chart, forecasts and calendar of releases - was last updated on November of 2021.

Existing Home Sales in the United States is expected to be 6100.00 Thousand by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the United States Existing Home Sales is projected to trend around 5500.00 Thousand in 2022 and 4700.00 Thousand in 2023, according to our econometric models.

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United States Existing Home Sales


Calendar GMT Actual Previous Consensus TEForecast
2021-10-21 02:00 PM Sep 6.29M 5.88M 6.09M 5.95M
2021-11-22 03:00 PM Oct 6.34M 6.29M 6.2M 6.2M
2021-12-22 03:00 PM Nov 6.34M


Related Last Previous Unit Reference
Pending Home Sales -8.00 -8.40 percent Sep/21
Existing Home Sales 6340.00 6290.00 Thousand Oct/21
Pending Home Sales MoM -2.30 8.10 percent Sep/21
Single Family Home Prices 352800.00 356700.00 USD Sep/21

News Stream
US Existing Home Sales Highest since January
Existing home sales in the US, which are completed transactions that include single-family homes, townhomes, condominiums and co-ops, increased 0.8% mom to an annualized 6.34 million in October of 2021, the highest since January and above market forecasts of 6.2 million. Sales were up in the Midwest and the South while the Northeast reported a drop, and the West held steady. Total housing inventory amounted to 1.25 million units, down 0.8% from September. The median existing-home price was $353,900, up 13.1% from October 2020, as prices climbed in each region. "Home sales remain resilient, despite low inventory and increasing affordability challenges. Inflationary pressures, such as fast-rising rents and increasing consumer prices, may have some prospective buyers seeking the protection of a fixed, consistent mortgage payment", said Lawrence Yun, NAR's chief economist.
2021-11-22
Existing Home Sales at 8-Month High
Existing home sales in the US unexpectedly jumped 7% to a seasonally adjusted annual rate of 6.29 million units in September of 2021, the strongest level in 8 months. Each of the four major US regions witnessed increases in home sales. Total housing inventory amounted to 1.27 million units, down 0.8% from August. The median existing-home price for all housing types was $352,800, up 13.3% from September 2020, marking 115 straight months of year-over-year increases. "Some improvement in supply during prior months helped nudge up sales in September. Housing demand remains strong as buyers likely want to secure a home before mortgage rates increase even further next year. As mortgage forbearance programs end, and as homebuilders ramp up production - despite the supply-chain material issues - we are likely to see more homes on the market as soon as 2022", said Lawrence Yun, NAR's chief economist.
2021-10-21
US Existing Home Sales Unexpectedly Fall
Existing-home sales in the US unexpectedly declined by 2% mom to 5.88 million in August of 2021, well below market forecasts of 5.89 million as prices grew further and supply remained tight. Each of the four major U.S. regions experienced declines on both a month-over-month and a year-over-year perspective, breaking a two-month streak of increases. The inventory of unsold homes decreased by 1.5% to 1.29 million from July to August – equivalent to 2.6 months of the monthly sales pace. Also, the median existing-home price for all housing types was $356,700, up 14.9% from August 2020, as prices increased in each region.
2021-09-22

United States Existing Home Sales
In the United States, Existing Home Sales occur when the mortgages are closed. Mortgage closing usually takes place 30-60 days after the sales contract is closed.