Keeping you up to date on the latest data releases.
- Existing Home Sales
In February, the sale of existing single-family home fell 0.2 percent for the month and 6.9 percent over the past 12 months to a seasonally-adjusted annualized rate of 4.04 million units sold. The largest declines were in the Northeast, where sales ticked down 13.5 percent on both a monthly and annual basis. The median price of existing single-family homes rose to $189,200, an improvement of 0.69 percent for the month and 9.0 percent annually. The inventory of existing homes was 1.73 million units available for sale, representing a 5.1 month supply at the current sales pace.