.comment-link {margin-left:.6em;}

Economy

Economic Data (USA)

Thursday, August 24, 2017

Existing Home Sales During July 2017

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

Predicted: 5,565,000
Actual: 5,440,000

  •  Change from Previous Month: -1.3%
  •  Change from One Year Previous: +2.1%
==========

Inventory: 1,920,000 (4.2 months supply)

==========

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.

------------------------------------------------------

Median Price for A Used Home During July 2017: $258,300

Change from One Year Previous: +6.2%

---------

Average Price for A Used Home During July 2017: $298,800

Change from One Year Previous: +4.9%

------------------------------------------------------ 



==========

Cost of A Used (Preowned) Home in The USA - July 2017
Cost of A Used (Preowned) Home in The USA - July 2017

==========

From today's report:

"...Listings in July typically went under contract in under 30 days for the fourth consecutive month because of high buyer demand, but existing-home sales ultimately pulled back as large declines in the Northeast and Midwest outweighed sales increases in the South and West, according to the National Association of Realtors®..."
==========

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

Labels: , , , , , ,


>  SITEMAP  <

Links to this post:

Create a Link

<< Home


www.FedPrimeRate.com
Entire Website © 2017 FedPrimeRate.comSM


This website is neither affiliated nor associated with The United States Federal Reserve in any way.
Information in this website is provided for educational purposes only. The owners of this website
make no warranties with respect to any and all content contained within this website. Consult a
financial professional before making important decisions related to any investment or loan
product, including, but not limited to, business loans, personal loans, education loans, first
or second mortgages, credit cards, car loans or any type of insurance.