Existing Home Sales During April 2024
Existing Home Sales report for April 2024 was released by The National Association of Realtors® (NAR®) this morning:
==========
Inventory: 1,210,000 (3.5 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.
------------------------------------------------------
==========
From Today's Report:
======================
Previous Month: 4,220,000
- Actual: 4,140,000
- Change from Previous Month: -1.9% (-80,000 homes)
- Change from A Year Ago: -1.9% (-80,000 homes)
Inventory: 1,210,000 (3.5 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.
------------------------------------------------------
-
Median Price: $407,600
- Price Change from A Year Ago: +5.65% (+$21,800)
------------------------------------------------------
==========
==========
From Today's Report:
"...According to Freddie Mac, the 30-year fixed-rate mortgage averaged 7.02% as of May 16. That's down from 7.09% the previous week but up from 6.39% one year ago..."
==================
INFOGRAPHIC: Existing Home Sales
APRIL 2024 UPDATE
APRIL 2024 UPDATE
Labels: existing_home_sales, hard_data, homes, housing, Housing_Recession, Pandemic, preowned_homes, quarantine, real_estate, used_homes
|
--> www.FedPrimeRate.com Privacy Policy <--
> SITEMAP < |
posted by Steve Brown | 5/23/2024 10:40:00 AM
0 Comments:
Post a Comment
<< Home