Sales of previously owned houses in the US slumped 6.4 percent to a seasonally adjusted annual rate of 4.99 million in December of 2018, following an upwardly revised 2.1 percent increase in November and worse than market expectations of a 1 percent fall. It is the lowest reading since November of 2015. Single family home sales dropped 5.5 percent to 4.45 million (vs +1.9 percent in November) and sales of condos plunged 12.9 percent to 0.54 million (vs +3.3 percent). The median house price fell to $253,600 from $257,300 in November and $246,500 a year earlier. The months' worth of supply went down to 3.7 from 3.9. Year-on-year, existing home sales dropped 10.3 percent. Considering full 2018, existing home sales declined 3.1 percent to 5.34 million, the worst since 2015. Existing Home Sales in the United States averaged 3948.27 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.

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
2018-11-21 03:00 PM Existing Home Sales MoM 1.4% -3.4% 1% 1.3%
2018-12-19 03:00 PM Existing Home Sales MoM 1.9% 1.4% -0.6% -0.8%
2018-12-19 03:00 PM Existing Home Sales 5.32M 5.22M 5.2M 5.18M
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 4.99M 5.1M
2019-03-22 02:00 PM Existing Home Sales
2019-04-22 02:00 PM Existing Home Sales


United States Housing Last Previous Highest Lowest Unit
Building Permits 1328.00 1265.00 2419.00 513.00 Thousand [+]
Housing Starts 1256.00 1217.00 2494.00 478.00 Thousand units [+]
New Home Sales 544.00 597.00 1389.00 270.00 Thousand [+]
Pending Home Sales -7.70 -6.70 30.90 -24.30 percent [+]
Existing Home Sales 4990.00 5330.00 7250.00 1370.00 Thousand [+]
Construction Spending -0.10 -0.10 5.90 -4.80 percent [+]
Housing Index 0.40 0.40 1.20 -1.80 percent [+]
Nahb Housing Market Index 58.00 56.00 78.00 8.00 [+]
Mortgage Rate 4.75 4.74 10.56 3.47 percent [+]
Mortgage Applications -2.70 13.50 49.10 -38.80 percent [+]
Case Shiller Home Price Index 213.89 213.76 213.89 100.00 Index Points [+]
Home Ownership Rate 64.40 64.30 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 January of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
4990.00 5330.00 7250.00 1370.00 1968 - 2018 Thousand Monthly
SA




Country Last Previous
Spain 34.11 Nov/18
Turkey 67108.00 Sep/18
United States 4990.00 Dec/18


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