Keeping you up to date on the latest data releases.
- Home Sales
Sales of existing single-family homes showed positive signs of growth from July to August, increasing 8.0 percent for the month and 10.0 percent over the past 12 months to an annualized rate of 4.3 million homes sold. This represents the highest level of existing single-family home sales since May 2010. The monthly change in the median sales price of homes was flat, rising just 0.5 percent. Compared to August 2011 the median sales price rose 10.2 percent, which is the highest annual increase since January 2006. The inventory of existing single-family homes rose 6.3 percent in August, while the monthly supply fell 1.6 percent. On an annual basis, both the inventory and monthly supply of existing single-family homes remains subdued, down 16.3 percent and 23.5 percent, respectively.