Keeping you up to date on the latest data releases.
- Existing Home Sales
Existing single-family home sales rose 8.5 percent to a seasonally-adjusted annual rate of 4.47 million units sold in August. This is up from the 4.12 million units sold in July, and 20.2 percent above the 3.72 million unit sales pace of August 2010. Regionally, the West was most active as sales rose 18.9 percent, while median homes prices declined 14.1 percent for the region. The median price of existing single-family homes fell in all regions to a U.S. average of $168,400 in August, down 5.4 from one year ago. Inventories also fell to a supply level of 8.3 months which is down 26.5 percent from last year.