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Graph and download economic data for Existing Single-Family Home Sales (EXSFHSUSM495S) from May 2024 to May 2025 about 1-unit structures, family, sales, housing, and USA.
The U.S. housing market has seen significant price growth since 2011, with the median sales price of existing single-family homes reaching a record high of ******* U.S. dollars in 2024. This represents a substantial increase of ******* over the past five years, highlighting the rapid appreciation of home values across the country. The trend of rising prices can also be observed in the new homes sold. Regional variations and housing shortage While the national median price provides a broad overview, regional differences in home prices are notable. The West remains the most expensive region, with prices twice higher than in the more affordable Midwest. This disparity persists despite efforts to increase housing supply. In 2024, approximately ******* building permits for single-family housing units were granted, showing a slight increase from previous years but still well below the 2005 peak of **** million permits. The ongoing housing shortage continues to drive prices upward across all regions. Market dynamics and future outlook The number of existing home sales has plummeted since 2020, reflecting the growing cost of homeownership. Factors such as high home prices, unfavorable economic conditions, and aggressive increases in mortgage rates have contributed to affordability challenges for many potential homebuyers. Despite these challenges, forecasts suggest a potential recovery in the housing market by 2025, though transaction volumes are expected to remain below long-term averages.
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Graph and download economic data for Median Sales Price of Existing Single-Family Homes (HSFMEDUSM052N) from May 2024 to May 2025 about 1-unit structures, family, sales, median, housing, price, and USA.
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New Home Sales in the United States decreased to 623 Thousand units in May from 722 Thousand units in April of 2025. This dataset provides the latest reported value for - United States New Home Sales - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.
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Single Family Home Prices in the United States increased to 422800 USD in May from 414000 USD in April of 2025. This dataset provides - United States Existing Single Family Home Prices- actual values, historical data, forecast, chart, statistics, economic calendar and news.
Monthly single-family home sales in Connecticut, 2001 through the present. Data updated monthly by the Connecticut Housing Finance Authority and tracked in the following dashboard: https://www.chfa.org/about-us/ct-monthly-housing-market-dashboard/. CHFA has stopped maintaining the dashboard and associated datasets, and this dataset will no longer be updated as of 2022.
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United States - Existing Single-Family Home Sales: Housing Inventory was 1150000.00000 Number of Units in March of 2025, according to the United States Federal Reserve. Historically, United States - Existing Single-Family Home Sales: Housing Inventory reached a record high of 1890000.00000 in May of 2016 and a record low of 740000.00000 in January of 2022. Trading Economics provides the current actual value, an historical data chart and related indicators for United States - Existing Single-Family Home Sales: Housing Inventory - last updated from the United States Federal Reserve on June of 2025.
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.
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Graph and download economic data for Existing Single-Family Home Sales: Housing Inventory (HSFINVUSM495N) from May 2024 to May 2025 about 1-unit structures, inventories, family, sales, housing, and USA.
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Existing Home Sales in the United States increased to 4030 Thousand in May from 4000 Thousand in April 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.
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Graph and download economic data for New One Family Houses Sold: United States (HSN1FNSA) from Jan 1963 to May 2025 about new, sales, housing, and USA.
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Monthly sale price of single-family homes in Connecticut, 2001 through the present. Data updated monthly by the Connecticut Housing Finance Authority and tracked in the following dashboard: https://www.chfa.org/about-us/ct-monthly-housing-market-dashboard/.
In 2021, a record high number of single-family homes were sold in Florida. In that year, there was a total of around 351,000 home sales in 2021, whereas in 2023, this number fell to approximately 258,000.
The quarterly number of single family-home sales in Florida reached ****** in the first quarter of 2024. This was an increase over the previous quarter but below the first quarter in 2023. The value of single-family homes transactions in Florida followed a similar trend in this period.
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Graph and download economic data for New One Family Homes for Sale in the United States (HNFSEPUSSA) from Jan 1963 to May 2025 about 1-unit structures, family, new, sales, housing, and USA.
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United States Home Sales: New Construction: Single Family Residential data was reported at 61.361 Unit th in Mar 2023. This records an increase from the previous number of 47.842 Unit th for Feb 2023. United States Home Sales: New Construction: Single Family Residential data is updated monthly, averaging 45.539 Unit th from Jan 2012 (Median) to Mar 2023, with 135 observations. The data reached an all-time high of 70.217 Unit th in Jul 2020 and a record low of 17.610 Unit th in Jan 2012. United States Home Sales: New Construction: Single Family Residential data remains active status in CEIC and is reported by Redfin. The data is categorized under Global Database’s United States – Table US.EB035: Home Sales.
The number of home sales in the United States peaked in 2021 at almost ************* after steadily rising since 2018. Nevertheless, the market contracted in the following year, with transaction volumes falling to ***********. Home sales remained muted in 2024, with a mild increase expected in 2025 and 2026. A major factor driving this trend is the unprecedented increase in mortgage interest rates due to high inflation. How have U.S. home prices developed over time? The average sales price of new homes has also been rising since 2011. Buyer confidence seems to have recovered after the property crash, which has increased demand for homes and also the prices sellers are demanding for homes. At the same time, the affordability of U.S. homes has decreased. Both the number of existing and newly built homes sold has declined since the housing market boom during the coronavirus pandemic. Challenges in housing supply The number of housing units in the U.S. rose steadily between 1975 and 2005 but has remained fairly stable since then. Construction increased notably in the 1990s and early 2000s, with the number of construction starts steadily rising, before plummeting amid the infamous housing market crash. Housing starts slowly started to pick up in 2011, mirroring the economic recovery. In 2022, the supply of newly built homes plummeted again, as supply chain challenges following the COVID-19 pandemic and tariffs on essential construction materials such as steel and lumber led to prices soaring.
In October 2024, the median sales price of an existing single-family home in San Mateo, California was *********** U.S. dollars. This was more than double the median sales price in the state of California. The most affordable county was Trinity, where an existing single family home sold for approximately ******* U.S. dollars.
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United States - Median Sales Price of Existing Single-Family Homes was 418000.00000 $ in April of 2025, according to the United States Federal Reserve. Historically, United States - Median Sales Price of Existing Single-Family Homes reached a record high of 432900.00000 in June of 2024 and a record low of 223100.00000 in March of 2016. Trading Economics provides the current actual value, an historical data chart and related indicators for United States - Median Sales Price of Existing Single-Family Homes - last updated from the United States Federal Reserve on June of 2025.
Telluride, CO, was the most expensive market for luxury single-family home market in the United States in 2025. In February that year, the median sales price of a single-family home in Telluride was 4.5 million U.S. dollars. Ft. Lauderdale, FL, and Park City, UT were other locations that fetched prices over four million U.S. dollars.
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Graph and download economic data for Existing Single-Family Home Sales (EXSFHSUSM495S) from May 2024 to May 2025 about 1-unit structures, family, sales, housing, and USA.