Existing Home Sales During February 2017

The Existing Home Sales report for February 2017 was released by The National Association of Realtors® (NAR) this morning:

Predicted: 5,555,000
Actual: 5,480,000

Change from Previous Month: -3.7%
Change from One Year Previous: +5.4%

Inventory: 1,750,000 (3.8 months supply)

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

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Median Price for A Used Home During February 2017: $228,400
Change from One Year Previous: +7.7%

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Average Price for A Used Home During February 2017: $270,100
Change from One Year Previous: +5.8%

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Click here for historical prices and a chart.


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Cost of A Used (Preowned) Home in The USA

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

• Click here to view the NAR data.

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