The Economy & the Fed
Existing Home Sales
Sales of previously owned homes (houses, townhomes, condos and co-ops), published monthly by the National Association of Realtors from local listing services and stated as a seasonally adjusted yearly pace. A sale is counted at closing, so the figure reflects contracts signed a month or two before; pending home sales count those contracts. Existing homes are roughly seven sales in eight, so this report, with its median price and months' supply, is the main read on the housing market as most buyers experience it.
Keep reading
Educational information, not investment advice. See it applied across the screener →