Sales of previously owned houses in the US surged 11.8 percent from the previous month to a seasonally adjusted annual rate of 5.51 million in February of 2019. It is the highest reading in eleven months and the biggest monthly rise since December of 2015. It follows a downwardly revised 4.93 million in January and compares with market expectations of 5.1 million. Sales of single family homes jumped 13.3 percent to 4.94 million (-2 percent to 4.36 million in January) while sales of condos were flat at 0.57 million. The median house price edged up to $249,500 from $249,300 in January and $240,800 a year earlier. The months' worth of supply went down to 3.5 from 3.9 in January. Year-on-year, existing home sales dropped 1.8 percent. Existing Home Sales in the United States averaged 3952.20 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 5500.00 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 5300.00 in 12 months time. In the long-term, the United States Existing Home Sales is projected to trend around 5000.00 Thousand in 2020, according to our econometric models.

United States Existing Home Sales
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Calendar GMT Actual Previous Consensus TEForecast
2018-12-19 03:00 PM Existing Home Sales MoM 1.9% 1.4% -0.6% -0.8%
2019-01-22 03:00 PM Existing Home Sales 4.99M 5.33M 5.25M 5.27M
2019-02-21 03:00 PM Existing Home Sales 4.94M 5M 5M 5.1M
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 5.51M
2019-05-21 02:00 PM Existing Home Sales
2019-06-21 02:00 PM Existing Home Sales


United States Housing Last Previous Highest Lowest Unit
Building Permits 1345.00 1326.00 2419.00 513.00 Thousand [+]
Housing Starts 1230.00 1037.00 2494.00 478.00 Thousand units [+]
New Home Sales 607.00 652.00 1389.00 270.00 Thousand units [+]
Pending Home Sales -2.30 -9.90 30.90 -24.30 percent [+]
Existing Home Sales 5510.00 4930.00 7250.00 1370.00 Thousand [+]
Construction Spending 1.30 -0.80 5.90 -4.80 percent [+]
Housing Index 0.30 0.40 1.20 -1.70 percent [+]
Nahb Housing Market Index 62.00 62.00 78.00 8.00 [+]
Mortgage Rate 4.55 4.64 10.56 3.47 percent [+]
Mortgage Applications 1.60 2.30 49.10 -38.80 percent [+]
Case Shiller Home Price Index 212.96 213.45 213.85 100.00 Index Points [+]
Home Ownership Rate 64.80 64.40 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 March of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
5510.00 4930.00 7250.00 1370.00 1968 - 2019 Thousand Monthly
SA




Country Last Previous
Spain 38.39 Jan/19
Turkey 45802.00 Feb/19
United States 5510.00 Feb/19


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