The Existing Home Sales report for November 2012 was released by The National Association of Realtors® this morning:
Predicted: 4,900,000
Actual: 5,040,000
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Change from One Month Previous: +5.9%
Change from One Year Previous: +14.5%
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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 November 2012: $180,600
Change from One Year Previous: +10.1%
Average Price for A used home In November 2012: $229,500
Change from One Year Previous: +9.1%
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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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