Keeping you up to date on the latest data releases.
- Existing Home Sales
Existing single-family home sales rose 3.0 percent in April and are up 9.9 percent over the past 12 months to 4.09 million units sold. The median sales price of existing single-family homes climbed 7.8 percent in April to $178,000—representing the largest monthly gain in the history of this dataset. The monthly supply and inventory of available homes for sale continues to fall sharply on an annual basis, down 25.8 percent and 18.8 percent respectively. A diminishing share of foreclosed property sales and an acute inventory shortage is helping to increase home values in certain markets.