Sales of previously owned houses in the US dropped 1.7 percent from the previous month to a seasonally adjusted annual rate of 5.27 million in June 2019, compared to May's 2.9 percent increase and market expectations of a 0.2 percent fall. Sales of single family homes declined 1.5 percent to 4.69 million, after a 2.8 percent advance in May; while sales of condos slumped 3.3 percent to 0.58 million, reversing a 3.4 percent growth in the prior month. The median house price went up to an all-time high of $285,700 in June from $278,200 in May and $277,700 a year earlier. The months' worth of supply rose to 4.4 from 4.3. Year-on-year, existing home sales dropped 2.2 percent, the 16th straight annual decline in home sales. Existing Home Sales in the United States averaged 3960.61 Thousand from 1968 until 2019, reaching an all time high of 7250 Thousand in September of 2005 and a record low of 1370 Thousand in March of 1970.

Existing Home Sales in the United States is expected to be 5250.00 Thousand by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Existing Home Sales in the United States to stand at 5200.00 in 12 months time. In the long-term, the United States Existing Home Sales is projected to trend around 4700.00 Thousand in 2020, according to our econometric models.

United States Existing Home Sales
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Calendar GMT Actual Previous Consensus TEForecast
2019-06-21 02:00 PM Existing Home Sales MoM May 2.5% 0% 1.2% 1.9%
2019-06-21 02:00 PM Existing Home Sales May 5.34M 5.21M 5.25M 5.29M
2019-07-23 02:00 PM Existing Home Sales MoM Jun -1.7% 2.9% -0.2% -3.6%
2019-07-23 02:00 PM Existing Home Sales Jun 5.27M 5.36M 5.33M 5.15M
2019-08-21 02:00 PM Existing Home Sales Jul 5.27M 5.39M 5.37M
2019-09-19 02:00 PM Existing Home Sales Aug
2019-10-22 02:00 PM Existing Home Sales Sep 5M


United States Housing Last Previous Highest Lowest Unit
Building Permits 1336.00 1232.00 2419.00 513.00 Thousand [+]
Housing Starts 1191.00 1241.00 2494.00 478.00 Thousand units [+]
New Home Sales 646.00 604.00 1389.00 270.00 Thousand units [+]
Pending Home Sales 1.60 -0.70 30.90 -24.30 percent [+]
Existing Home Sales 5270.00 5360.00 7250.00 1370.00 Thousand [+]
Construction Spending -1.30 -0.50 5.90 -4.80 percent [+]
Housing Index 0.10 0.40 1.20 -1.80 percent [+]
Nahb Housing Market Index 66.00 65.00 78.00 8.00 [+]
Mortgage Rate 3.93 4.01 10.56 3.47 percent [+]
Mortgage Applications 21.70 5.30 49.10 -38.80 percent [+]
Case Shiller Home Price Index 216.94 215.66 216.94 100.00 Index Points [+]
Home Ownership Rate 64.10 64.20 69.20 62.90 percent [+]


United States Existing Home Sales

Existing Home Sales occurs when the mortgage is closed. Mortgage closing usually takes place 30-60 days after the sales contract is closed. . This page provides the latest reported value for - United States Existing Home Sales - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. United States Existing Home Sales - actual data, historical chart and calendar of releases - was last updated on August of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
5270.00 5360.00 7250.00 1370.00 1968 - 2019 Thousand Monthly
SA




Country Last Previous
Spain 33.76 Jun/19
Turkey 48487.00 May/19
United States 5270.00 Jun/19


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