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.

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.

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.

Graph and download economic data for Existing Home Sales (EXHOSLUSM495S) from May 2024 to May 2025 about headline figure, 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.

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.

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.

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.

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.

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.

The National Association of Realtors monthly housing indicators are based on a representative sample of local boards and multiple listing services. Sales volume, inventory, and price levels for existing homes are measured for the US in aggregate and by census region. Existing homes, unlike new homes, are homes that are owned and occupied before coming onto the market.

Existing-home sales measures the transaction volume of existing single-family homes, condos, and co-ops.

For more information, see Methodology: Existing-Home Sales (https://www.nar.realtor/research-and-statistics/housing-statistics/existing-home-sales/methodology).

Copyright, 2016, National Association of Realtors. Reprinted with permission.

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.

Existing Single-Family Home Sales: 1 years of historical data from 2024 to 2025.

Graph and download economic data for Existing Single-Family Home Sales in South Census Region (EXSFHSUSSOM495N) from May 2024 to May 2025 about South Census Region, 1-unit structures, family, sales, housing, and USA.

United States Existing Home Sales: sa: Annual Rate: Single Family data was reported at 4,760,000.000 Unit in Jun 2018. This records a decrease from the previous number of 4,790,000.000 Unit for May 2018. United States Existing Home Sales: sa: Annual Rate: Single Family data is updated monthly, averaging 3,630,000.000 Unit from Jan 1968 (Median) to Jun 2018, with 606 observations. The data reached an all-time high of 6,340,000.000 Unit in Sep 2005 and a record low of 1,370,000.000 Unit in Mar 1970. United States Existing Home Sales: sa: Annual Rate: Single Family data remains active status in CEIC and is reported by National Association of Realtors. The data is categorized under Global Database’s USA – Table US.EB005: Existing Home Sales.

United States Existing Home Sales: sa: Annual Rate: Single Family: Northeast data was reported at 610,000.000 Unit in Jun 2018. This records an increase from the previous number of 580,000.000 Unit for May 2018. United States Existing Home Sales: sa: Annual Rate: Single Family: Northeast data is updated monthly, averaging 540,000.000 Unit from Jan 1968 (Median) to Jun 2018, with 606 observations. The data reached an all-time high of 870,000.000 Unit in Aug 2005 and a record low of 210,000.000 Unit in Jan 1968. United States Existing Home Sales: sa: Annual Rate: Single Family: Northeast data remains active status in CEIC and is reported by National Association of Realtors. The data is categorized under Global Database’s USA – Table US.EB005: Existing Home Sales.

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.

In October 2024, the median sales price of an existing single-family home in Del Norte, California saw an increase of nearly 30 percent, compared to the 5.8 percent increase in the state. 20 counties saw prices fall during this period. In Trinity, the median sales price of single-family homes decreased by approximately 36 percent.

The number of existing homes for sale in the United States decreased overall since 2013, while the number of newly built homes for sale followed the opposite trend. As of June 2024, there were over 1.3 million existing and 476,000 newly built housing units for sale. Unlike new homes, the existing housing inventory typically increased in the second and third quarters of the year when the housing market is more active.

United States Existing Home Sales: Single Family: Total data was reported at 508,000.000 Unit in Jun 2018. This records an increase from the previous number of 475,000.000 Unit for May 2018. United States Existing Home Sales: Single Family: Total data is updated monthly, averaging 360,000.000 Unit from Jan 2007 (Median) to Jun 2018, with 138 observations. The data reached an all-time high of 536,000.000 Unit in Jun 2017 and a record low of 200,000.000 Unit in Jan 2009. United States Existing Home Sales: Single Family: Total data remains active status in CEIC and is reported by National Association of Realtors. The data is categorized under Global Database’s USA – Table US.EB005: Existing Home Sales.