Global| May 20 2020U.S. Existing Home Sales Drop More Steeply in April
Summary
• • • PREVIOUS>>>>>The National Association of Realtors (NAR) reported that sales of existing homes during March declined 8.5% (+0.8% y/y) to 5.270 million (AR) from 5.760 million in February.......... The data on existing home sales, [...]
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PREVIOUS>>>>>The National Association of Realtors (NAR) reported that sales of existing homes during March declined 8.5% (+0.8% y/y) to 5.270 million (AR) from 5.760 million in February..........
The data on existing home sales, prices and affordability are compiled by the National Association of Realtors and can be found in Haver's USECON database. The regional price, affordability and inventory data are available in the REALTOR database. The expectations figure is from the Action Economics Forecast Survey, reported in the AS1REPNA database.
| Existing Home Sales (SAAR, 000s) | Apr | Mar | Feb | Apr Y/Y % | 2019 | 2018 | 2017 |
|---|---|---|---|---|---|---|---|
| Total Sales | 5,270 | 5,760 | 5,420 | 0.8 | 5,330 | 5,341 | 5,531 |
| Northeast | 650 | 700 | 730 | -3.0 | 687 | 689 | 735 |
| Midwest | 1,250 | 1,290 | 1,280 | 4.2 | 1,248 | 1,265 | 1,301 |
| South | 2,290 | 2,520 | 2,350 | 0.9 | 2,281 | 2,246 | 2,270 |
| West | 1,080 | 1,250 | 1,060 | -0.9 | 1,115 | 1,141 | 1,225 |
| Single-Family Sales | 4,740 | 5,160 | 4,820 | 1.3 | 4,754 | 4,742 | 4,907 |
| Median Price Total ($, NSA) | 280,600 | 270,400 | 266,200 | 8.0 | 269,783 | 257,267 | 245,950 |
Carol Stone, CBE
AuthorMore in Author Profile »Carol Stone, CBE came to Haver Analytics in 2003 following more than 35 years as a financial market economist at major Wall Street financial institutions, most especially Merrill Lynch and Nomura Securities. She has broad experience in analysis and forecasting of flow-of-funds accounts, the federal budget and Federal Reserve operations. At Nomura Securites, among other duties, she developed various indicator forecasting tools and edited a daily global publication produced in London and New York for readers in Tokyo. At Haver Analytics, Carol is a member of the Research Department, aiding database managers with research and documentation efforts, as well as posting commentary on select economic reports. In addition, she conducts Ways-of-the-World, a blog on economic issues for an Episcopal-Church-affiliated website, The Geranium Farm. During her career, Carol served as an officer of the Money Marketeers and the Downtown Economists Club. She has a PhD from NYU's Stern School of Business. She lives in Brooklyn, New York, and has a weekend home on Long Island.
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