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Economic Data (USA)

Wednesday, July 25, 2007

Existing Home Sales for June, 2007

The Existing Home Sales report for June, 2007 was released by The National Association of Realtors® this morning:

Predicted: 5,870,000
Actual: 5,750,000
Change from Last Month: -3.8%
Change from Last Year: -11.4%

Median Price for A Preowned, Single-Family
Home In June, 2007: $230,100

Average Price for A Preowned, Single-Family
Home In June, 2007: $276,700

The "actual" figure above represents the preliminary sales count of existing homes, co-ops and condominiums for last month. The "predicted" figure is what economists and Wall Street forecasters were expecting, while the "actual" is the true or real figure.

The monthly Existing Home Sales report is released on or around the 25TH day of each month.

Click here to view the full NAR report.


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