Existing Home Sales During July 2018
The Existing Home Sales report for July 2018 was released by The National Association of Realtors® (NAR) this morning:
Predicted: 5,420,000
Actual: 5,340,000
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Inventory: 1,920,000 (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 the indicated 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 July: $269,600
Change from One Year Previous: +4.5%
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Average Price for A Used Home During July: $307,800
Change from One Year Previous: +3.0%
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Predicted: 5,420,000
Actual: 5,340,000
- Change from Previous Month: -0.7%
- Change from One Year Previous: -1.5%
Inventory: 1,920,000 (4.3 months supply)
==========
The yellow-highlighted, "actual" figure above represents the preliminary, seasonally adjusted annualized sales count of existing homes, co-ops and condominiums for the indicated 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 July: $269,600
Change from One Year Previous: +4.5%
---------
Average Price for A Used Home During July: $307,800
Change from One Year Previous: +3.0%
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- The monthly Existing Home Sales report is released on or around the 25TH day of each month.
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Labels: existing_home_sales, hard_data, homes, housing, preowned_homes, real_estate, used_homes
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