Graph and download economic data for Existing Home Sales from Jun 2024 to Jun 2025 about sales, housing, and USA.

Graph and download economic data for Existing Home Sales: Months Supply (HOSSUPUSM673N) from Jun 2024 to Jun 2025 about supplies, sales, housing, and USA.

The number of members of the National Association of Realtors (NAR) in 2023 declined for the first time since 2012. This trend also reflects the recovery of the property market after the financial crisis of 2007-2009, as the volume of home sales began to climb from 2011. The NAR is a North American trade association for real estate workers formed in 1908 and currently based in Chicago, Illinois. In 2022, the association had nearly *** million members.Employment in the real estate sector The upward in NRA membership is mirrored in overall employment in the real estate sector in the United States. In 2023, *** million people were employed in the sector, which indicates that the majority of workers are members of the NAR. Employees in the real estate, rental, and leasing industry in the U.S. earned slightly above the average wage in the country. Membership growth ties in with growth in home sales The growth in NAR membership also correlates with the growth of residential property sales. For instance, the number of new houses sold in the U.S. has been on the rise since 2011. American adults as a whole have been steady in their view that homeownership is an important part of the American Dream. However, the share of American Millennials – those born between 1981 and 1996 - who view homeownership as important has been fluctuating since 2010. This adds an element of uncertainty to the future of the housing market because millennials are in their mid-twenties and thirties, which is widely viewed as the best time to buy a home from a home equity perspective.

The number of U.S. home sales in the United States declined in 2024, after soaring in 2021. A total of four million transactions of existing homes, including single-family, condo, and co-ops, were completed in 2024, down from 6.12 million in 2021. According to the forecast, the housing market is forecast to head for recovery in 2025, despite transaction volumes expected to remain below the long-term average. Why have home sales declined? The housing boom during the coronavirus pandemic has demonstrated that being a homeowner is still an integral part of the American dream. Nevertheless, sentiment declined in the second half of 2022 and Americans across all generations agreed that the time was not right to buy a home. A combination of factors has led to house prices rocketing and making homeownership unaffordable for the average buyer. A survey among owners and renters found that the high home prices and unfavorable economic conditions were the two main barriers to making a home purchase. People who would like to purchase their own home need to save up a deposit, have a good credit score, and a steady and sufficient income to be approved for a mortgage. In 2022, mortgage rates experienced the most aggressive increase in history, making the total cost of homeownership substantially higher. Are U.S. home prices expected to fall? The median sales price of existing homes stood at 413,000 U.S. dollars in 2024 and was forecast to increase slightly until 2026. The development of the S&P/Case Shiller U.S. National Home Price Index shows that home prices experienced seven consecutive months of decline between June 2022 and January 2023, but this trend reversed in the following months. Despite mild fluctuations throughout the year, home prices in many metros are forecast to continue to grow, albeit at a much slower rate.

Total Housing Inventory in the United States decreased to 1530 Thousands in June from 1540 Thousands in May of 2025. This dataset includes a chart with historical data for the United States Total Housing Inventory.

The Housing Affordability Index value in the United States plummeted in 2022, surpassing the historical record of ***** index points in 2006. In 2024, the housing affordability index measured **** index points, making it the second-worst year for homebuyers since the start of the observation period. What does the Housing Affordability Index mean? The Housing Affordability Index uses data provided by the National Association of Realtors (NAR). It measures whether a family earning the national median income can afford the monthly mortgage payments on a median-priced existing single-family home. An index value of 100 means that a family has exactly enough income to qualify for a mortgage on a home. The higher the index value, the more affordable a house is to a family. Key factors that drive the real estate market Income, house prices, and mortgage rates are some of the most important factors influencing homebuyer sentiment. When incomes increase, consumer power also increases. The median household income in the United States declined in 2022, affecting affordability. Additionally, mortgage interest rates have soared, adding to the financial burden of homebuyers. The sales price of existing single-family homes in the U.S. has increased year-on-year since 2011 and reached ******* U.S. dollars in 2023.

Graph and download economic data for Housing Affordability Index (Fixed) (FIXHAI) from May 2024 to May 2025 about fixed, housing, indexes, and USA.

Existing Home Sales in the United States decreased to 3930 Thousand in June from 4040 Thousand in May of 2025. This dataset 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.

Graph and download economic data for Existing Home Sales: Housing Inventory (HOSINVUSM495N) from Jun 2024 to Jun 2025 about inventories, sales, housing, and USA.

Graph and download economic data for Median Sales Price of Existing Homes from Jun 2024 to Jun 2025 about sales, median, housing, and USA.

United States Housing Affordability Index: Fixed data was reported at 146.900 NA in Oct 2018. This records a decrease from the previous number of 147.400 NA for Sep 2018. United States Housing Affordability Index: Fixed data is updated monthly, averaging 127.900 NA from Jan 1989 (Median) to Oct 2018, with 357 observations. The data reached an all-time high of 212.800 NA in Jan 2013 and a record low of 97.600 NA in May 1989. United States Housing Affordability Index: Fixed data remains active status in CEIC and is reported by National Association of Realtors. The data is categorized under Global Database’s United States – Table US.EB018: Housing Affordability Index.

Graph and download economic data for Existing Single-Family Home Sales: Housing Inventory (HSFINVUSM495N) from Jun 2024 to Jun 2025 about 1-unit structures, inventories, family, sales, housing, and USA.

Graph and download economic data for Median Sales Price of Existing Single-Family Homes (HSFMEDUSM052N) from Jun 2024 to Jun 2025 about 1-unit structures, family, sales, median, housing, price, and USA.

Graph and download economic data for Median Sales Price of Existing Single-Family Homes in Northeast Census Region (HSFMEDUSNEM052N) from Jun 2024 to Jun 2025 about Northeast Census Region, 1-unit structures, family, sales, median, housing, price, and USA.

Graph and download economic data for Median Sales Price of Existing Homes in Midwest Census Region (HOSMEDUSMWM052N) from Jun 2024 to Jun 2025 about Midwest Census Region, sales, median, housing, price, and USA.

US Wallcovering Market size was valued at USD 35.75 Billion in 2024 and is projected to reach USD 48.73 Billion by 2032, growing at a CAGR of 3.95% from 2025 to 2032.

Key Market Drivers: Increasing Residential Construction Activity: The strong development in residential construction is boosting demand for wallcoverings in the United States. According to the United States Census Bureau, new privately owned housing starts reached 1.46 million units in 2023, with single-family housing starts increasing by 16.9% between November and December 2023. Furthermore, the National Association of Realtors estimated that existing house remodeling spending will exceed $472 billion by 2023, indicating a strong need for interior design products such as wallcoverings.

Growing Focus on Sustainable and Eco-friendly Materials: Demand for environmentally friendly wallcoverings is on the rise. According to the U.S. Green Building Council, the number of LEED-certified buildings has increased by 19% every year since 2017, with over 80,000 projects accredited by 2023. The EPA's Environmentally Preferable Purchasing Program has experienced a 25 percent increase in procurement of sustainable building materials, including wallcoverings, between 2020-2023.

Graph and download economic data for Existing Home Sales in Northeast Census Region (EXHOSLUSNEM495S) from Jun 2024 to Jun 2025 about Northeast Census Region, sales, housing, and USA.

Graph and download economic data for Existing Home Sales in West Census Region (EXHOSLUSWTM495S) from Jun 2024 to Jun 2025 about West Census Region, sales, housing, and USA.

Graph and download economic data for Existing Home Sales in Midwest Census Region (EXHOSLUSMWM495S) from Jun 2024 to Jun 2025 about Midwest Census Region, sales, housing, and USA.

Graph and download economic data for Existing Single-Family Home Sales from Jun 2024 to Jun 2025 about 1-unit structures, family, sales, housing, and USA.