The Existing Home Sales report for February 2016 was released by The National Association of Realtors® this morning:
Predicted: 5,305,000
Actual: 5,080,000
Change from Last Month: -7.1%
Change from One Year Ago: +2.2%
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 February 2016: $210,800
Change from One Year Ago: +4.4%
Average Price for A Used Home In February 2016: $253,900
Change from One Year Ago: +2.5%
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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.