Existing Home Sales for May 2008
The Existing Home Sales report for May 2008 was released by The National Association of Realtors® this morning:
Predicted: 5,000,000
Actual: 4,990,000
Change from One Month Previous: +2.0%
Change from One Year Previous: -15.9%
The "actual" figure above represents the preliminary, seasonally adjusted annual 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.
Median Price for A Preowned, Single-Family
Home In May 2008: $208,600
Change from Last Year: -6.3%
Average Price for A Preowned, Single-Family
Home In May 2008: $253,100
Change from Last Year: -6.5%
Click here for historical prices and a chart.
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.
Predicted: 5,000,000
Actual: 4,990,000
Change from One Month Previous: +2.0%
Change from One Year Previous: -15.9%
The "actual" figure above represents the preliminary, seasonally adjusted annual 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.
Median Price for A Preowned, Single-Family
Home In May 2008: $208,600
Change from Last Year: -6.3%
Average Price for A Preowned, Single-Family
Home In May 2008: $253,100
Change from Last Year: -6.5%
Click here for historical prices and a chart.
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.
Labels: existing_home_sales
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posted by Steve Brown | 6/26/2008 12:11:00 PM
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