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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.
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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New Home Sales in the United States increased to 743 Thousand units in April from 670 Thousand units in March 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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Graph and download economic data for Existing Home Sales (EXHOSLUSM495S) from May 2024 to May 2025 about headline figure, 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.
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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.
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Graph and download economic data for Median Sales Price of Houses Sold for the United States (MSPUS) from Q1 1963 to Q1 2025 about sales, median, housing, and USA.
The number of new houses sold in the United States took a big hit during the financial crisis, dropping from a high of around *** million houses sold in 2005 to a low of *** thousand homes sold in 2011 – around a ** percent decrease. While the economy has largely recovered since the crisis, consumers remained hesitant when it comes to buying homes. In 2020, demand for housing surged and house sales volumes spiked to *******. Housing construction remains suppressed One of the main challenges in the U.S. housing market is the insufficient number of new homes built. During the financial crisis, construction slowed dramatically, and has still struggled to recover. Construction costs, on the other hand, have risen notably, making homeownership increasingly pricier. House prices on the rise Unsurprisingly, the median sales price of new homes has risen substantially. In 2024, the U.S. Case Shiller National Home Price Index, reached *** index points, suggesting the price of a home tripled since 2000, the base year of the index.
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United States Existing Home Sales: US data was reported at 420,000.000 Unit in Sep 2018. This records a decrease from the previous number of 539,000.000 Unit for Aug 2018. United States Existing Home Sales: US data is updated monthly, averaging 436,000.000 Unit from Jan 1999 (Median) to Sep 2018, with 237 observations. The data reached an all-time high of 753,000.000 Unit in Jun 2005 and a record low of 218,000.000 Unit in Jan 2009. United States Existing Home Sales: US 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.
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New Home Sales MoM in the United States increased to 10.90 percent in April from 2.60 percent in March of 2025. This dataset includes a chart with historical data for the United States New Home Sales MoM.
The number of pending home sales in the U.S. declined dramatically in the fourth quarter of 2021. In March 2024, the pending home sales index stood at 78.2 index points, just 8.2 index points above its lowest value recorded in April 2020 when the COVID-19 pandemic struck. The slowdown in buying activity was triggered by the aggressive mortgage interest rates hikes in response to the rising inflation. As it takes around four to eight weeks to finalize a home sale in the United States, the Pending Home Sales Index (PHSI) index is seen as a measure of consumer sentiment on buying a house and essentially provides an early outlook on what the actual sales of existing homes in the country might potentially look like.
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Graph and download economic data for Average Sales Price of Houses Sold for the United States (ASPUS) from Q1 1963 to Q1 2025 about sales, housing, and USA.
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Existing Home Sales MoM in the United States increased to 0.80 percent in May from -0.50 percent in April of 2025. This dataset includes a chart with historical data for the United States Existing Home Sales MoM.
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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.
Months' supply refers to the number of months it would take for the current inventory of homes on the market to sell given the current sales pace.
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.
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Pending Home Sales in the United States decreased 2.50 percent in April of 2025 over the same month in the previous year. This dataset provides the latest reported value for - United States Pending Home Sales - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.
In 2024, approximately 51,000 cash home sales took place in the United States. Despite the number of cash transactions declining since the peak in 2021, it remained elevated compared to the long-term average. This can be attributed to the substantial increase in mortgage rates following the COVID-19 pandemic. Despite cash purchases growing in popularity, the majority of home purchases were financed with a conventional mortgage in 2024.
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United States Existing Home Sales: sa: Annual Rate: US data was reported at 5,380,000.000 Unit in Jun 2018. This records a decrease from the previous number of 5,410,000.000 Unit for May 2018. United States Existing Home Sales: sa: Annual Rate: US data is updated monthly, averaging 5,250,000.000 Unit from Jan 1999 (Median) to Jun 2018, with 234 observations. The data reached an all-time high of 7,250,000.000 Unit in Sep 2005 and a record low of 3,300,000.000 Unit in Jul 2010. United States Existing Home Sales: sa: Annual Rate: US 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.
The number of new homes sold increased in 2024, but remained below the levels observed during the 2020-2021 housing boom. Conventional loans are the most popular financing option, accounting for 513,000 of the 686,000 home purchases in 2024. Despite comprising a small share of sales, cash purchases have risen notably over the past five years. This can be explained by the dramatic increase in mortgage interest rates, which makes cash purchases more attractive for those who can afford them. Development of house prices The U.S. housing market is suffering a supply shortage, which has contributed to a substantial increase in house prices. Over the past five years, construction costs risen notably, pushing the price of newly built homes up. Meanwhile, income growth has failed to keep up, resulting in a worsening housing affordability. According to the house price to income index, home prices outgrew income by nearly 32 percent between 2015 and 2024. Is the U.S. housing stock growing? There were approximately 187 million housing units in the U.S. in 2024, indicating an increase of one percent over the previous year. Apart from new-single family housing, the number of newly built multifamily units has also risen notably. Multifamily allows construction in denser urban areas with overheated housing markets, earning it increasing popularity among investors.
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Average House Prices in the United States increased to 518400 USD in April from 497700 USD in March of 2025. This dataset includes a chart with historical data for the United States New Home Average Sales Price.
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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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.