Sales of previously owned houses in the US rose 1.3 percent from the previous month to a seasonally adjusted annual rate of 5.49 million in August 2019, the highest level since March 2018 and above market expectations of 5.37 million. Buyers are benefiting from lower mortgage rates, low unemployment, rising wages and slower house price inflation. Sales of single family homes advanced 1.2 percent to 4.90 million, following a 2.8 percent jump in the previous month; and sales of condos increased 1.7 percent to 0.59 million, after being unchanged in July. The median house price stood at $278,200 in August, compared to $280,400 in July and $265,600 a year earlier. The months' worth of supply fell to 4.1 from 4.3. Year-on-year, existing home sales rose 2.6 percent, the second consecutive month of annual gains. Existing Home Sales in the United States averaged 3965.47 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 5400.00 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
2019-08-21 02:00 PM Existing Home Sales MoM Jul 2.5% -1.3% 2.5% 1.9%
2019-08-21 02:00 PM Existing Home Sales Jul 5.42M 5.29M 5.39M 5.37M
2019-09-19 02:00 PM Existing Home Sales MoM Jul 1.3% 2.5% -0.4% -0.8%
2019-09-19 02:00 PM Existing Home Sales Aug 5.49M 5.42M 5.37M 5.38M
2019-10-22 02:00 PM Existing Home Sales Sep 5.49M 5.45M 5.40M
2019-11-21 03:00 PM Existing Home Sales Oct
2019-12-19 03:00 PM Existing Home Sales Nov


United States Housing Last Previous Highest Lowest Unit
Building Permits 1387.00 1425.00 2419.00 513.00 Thousand [+]
Housing Starts 1256.00 1386.00 2494.00 478.00 Thousand units [+]
New Home Sales 713.00 666.00 1389.00 270.00 Thousand units [+]
Pending Home Sales 2.50 -0.30 30.90 -24.30 percent [+]
Existing Home Sales 5490.00 5420.00 7250.00 1370.00 Thousand [+]
Construction Spending 0.10 0.00 5.90 -4.80 percent [+]
Housing Index 0.40 0.20 1.20 -1.80 percent [+]
Nahb Housing Market Index 71.00 68.00 78.00 8.00 [+]
Mortgage Rate 3.92 3.90 10.56 3.47 percent [+]
Mortgage Applications 0.50 5.40 49.10 -38.80 percent [+]
Case Shiller Home Price Index 218.00 217.72 218.00 100.00 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 October of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
5490.00 5420.00 7250.00 1370.00 1968 - 2019 Thousand Monthly
SA




Country Last Previous
Spain 28.95 Aug/19
Turkey 63305.00 Jul/19
United States 5490.00 Aug/19


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