Home Sales: Difference between revisions

Home Sales (view source)

749 bytes added , 21 September 2023

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 !M/M Change
 !Median Sales Prices<ref>https://fred.stlouisfed.org/series/HOSMEDUSM052N</ref>
+|-
+|Aug-23
+|
+|
+|
+|
+|4.04
+|4.10
+| -0.74%
+|407,100
 |-
 |Jul-23
@@ Line 22: / Line 32: @@
 |4.07
 |4.15
-| -2.16%
+|  -2.16%
-|406,700
+|405,700
 |-
 |Jun-23
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 * The median existing-home sales price rose 1.9% from one year ago to $406,700. It was the fourth time the monthly median sales price eclipsed $400,000, joining June 2023 ($410,000), June 2022 ($413,800) and May 2022 ($408,600).
 * The inventory of unsold existing homes increased 3.7% from the previous month to 1.11 million at the end of July, or the equivalent of 3.3 months’ supply at the current monthly sales pace.
+=== August 2023 ===
+==== Existing ====
+* Existing-home sales retreated 0.7% in August to a seasonally adjusted annual rate of 4.04 million. Sales dropped 15.3% from one year ago.<ref>https://www.nar.realtor/newsroom/existing-home-sales-decreased-0-7-in-august</ref>
+* The median existing-home sales price climbed 3.9% from one year ago to $407,100 – the third consecutive month the median sales price surpassed $400,000.
+* Total housing inventory registered at the end of August was 1.1 million units, down 0.9% from July and 14.1% from one year ago (1.28 million). Unsold inventory sits at a 3.3-month supply at the current sales pace, identical to July and up from 3.2 months in August 2022.
 == References ==