Keeping you up to date on the latest data releases.
- Existing Home Sales
In December, existing single-family home sales rose 1.9 percent for the month, but are down 0.7 percent over the past 12 months to a seasonally-adjusted annualized rate of 4.3 million units sold. The median sales price was $197,900, increasing 1.3 percent for the month and 9.8 percent compared to December 2012. The inventory of existing single-family homes stood at 1.6 million units, down 10.4 percent for the month, but up 1.9 percent on an annual basis, representing a 4.6 month supply of homes at the current sales pace.