The Existing Home Sales report for March 2016 was released by The National Association of Realtors® this morning:
Predicted: 5,268,000
Actual: 5,330,000
Change from Last Month: +5.1%
Change from One Year Ago: +1.5%
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 March 2016: $222,700
Change from One Year Ago: +5.7%
Average Price for A Used Home In March 2016: $265,200
Change from One Year Ago: +3.5%
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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.