Monday, November 19, 2012

Existing Home Sales for October 2012

The Existing Home Sales report for October 2012 was released by The National Association of Realtors® this morning:

Predicted: 4,700,000
Actual: 4,790,000

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Change from One Month Previous: +2.1%
Change from One Year Previous: +10.9%

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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.


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Median Price for A used home In October 2012: $178,600
Change from One Year Previous: +11.1%

Average Price for A used home In October 2012: $226,300
Change from One Year Previous: +9.9%

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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.

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