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. source: National Association of Realtors

Existing Home Sales in the United States averaged 4034.82 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 October of 2021.

Existing Home Sales in the United States is expected to be 5600.00 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 Existing Home Sales MoM Sep 7% -2% 1.2%
2021-10-21 02:00 PM Existing Home Sales Sep 6.29M 5.88M 6.09M 5.95M
2021-11-22 03:00 PM Existing Home Sales Oct


News Stream
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
US Existing Home Sales Top Forecasts
Existing home sales in the US were up 2% mom to 5.99 million in July of 2021, well above market forecasts of 5.83 million. 3e of the 4 major US regions recorded modest gains and the fourth remained level. Total housing inventory was 1.32 million units, up 7.3% from June's supply and down 12.0% from one year ago. Unsold inventory sits at a 2.6-month supply at the present sales pace, up slightly from the 2.5-month figure recorded in June. The median existing-home price for all housing types was $359,900, up 17.8% from July 2020, marking 113 straight months of year-over-year gains. "We see inventory beginning to tick up, which will lessen the intensity of multiple offers. Although we shouldn't expect to see home prices drop in the coming months, there is a chance that they will level off as inventory continues to gradually improve", said Lawrence Yun, NAR's chief economist.
2021-08-23

United States Last Unit Reference Previous Highest Lowest
Pending Home Sales -8.30 percent Aug/21 -8.70 51.70 -33.60
Existing Home Sales 6290.00 Thousand Sep/21 5880.00 7250.00 1370.00
Single Family Home Prices 352800.00 USD Sep/21 356700.00 363300.00 19700.00


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.