Existing Home Sales During June 2017

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

Predicted: 5,580,000
Actual: 5,520,000

•  Change from Previous Month: -1.8%
  
•  Change from One Year Previous: +0.7%

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Inventory: 1,960,000 (4.3 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 June 2017: $263,800
(All-Time Record High)
Change from One Year Previous: +6.5%

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Average Price for A Used Home During June 2017: $303,900
(All-Time Record High)
Change from One Year Previous: +4.9%

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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 - June 2017

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From today's report:

"...Existing-home sales slipped in June as low supply kept homes selling at a near record pace but ultimately ended up muting overall activity, according to the National Association of Realtors®. Only the Midwest saw an increase in sales last month..."

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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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