The Existing Home Sales report for January 2016 was released by The National Association of Realtors® this morning:
Predicted: 5,320,000
Actual: 5,470,000
Change from One Month Previous: +0.4%
Change from One Year Ago: +11.0%
The "actual" figure above represents the preliminary, seasonally adjusted annual 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 In January 2016: $213,800
Change from One Year Ago: +8.2%
Average Price for A Used Home In January 2016: $257,500
Change from One Year Ago: +4.8%
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Click here for historical prices and a chart.
The monthly Existing Home Sales report is released on or around the 25TH day of each month.
Click here to view the full NAR report.