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Economy

Economic Data (USA)

Wednesday, August 22, 2018

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

  •  Change from Previous Month: -0.7%

  •  Change from One Year Previous: -1.5%
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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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  • The monthly Existing Home Sales report is released on or around the 25TH day of each month.

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