Existing-Home Sales data release for October 2018 is scheduled for Wednesday, November 21, 2018.
NAR Media Communications issues a news release on or near the 25th of each month with the latest existing-home sales figures. The releases include analysis and quotes by NAR's Chief Economist Lawrence Yun regarding the sales volume, prices, inventory and interest rates.
The Existing-Home Sales data measures sales and prices of existing single-family homes for the nation overall, and gives breakdowns for the West, Midwest, South, and Northeast regions of the country. These figures include condos and co-ops, in addition to single-family homes.
Next release: Existing-Home Sales data release for October 2018 is scheduled for Wednesday, November 21, 2018.
Existing Home Sales data are provided by NAR solely for use as a reference. No part of this data may be reproduced, stored in a retrieval system, transmitted or redistributed in any form or by any means, electronic, mechanical, photocopying, recording or otherwise, without NAR's prior written consent for those who are not members of NAR.
Members of the media who need copies of previous months' existing-home sales news releases can contact the NAR media communications team at 202-383-7515.
Current sales rates, actual totals and median prices by month going back 12 months. Annual totals for three years. Includes all existing-home sales — single-family, condos and co-ops — rolled into monthly and annual totals. This file contains figures for the nation and four regions. It does not contain breakouts.
Figures for the nation only — includes total existing-home sales, single-family sales and condo/co-op sales seasonally adjusted and actual. Months supply by category also included. Median and average sales prices for all existing-home sales, for single-family sales and for condo-co-op sales.
Sales of existing homes declined in September to their lowest level in nearly three years, and inventory levels rose for the second month in a row on a year-over-year basis. National Association of REALTORS® Chief Economist Lawrence Yun discusses the data in this video.
September 2018 brought 5.15 million in sales, a median sales price of $258,100, and 4.4 months of inventory. The median sales price is up 4.2% year over year, and inventory is up 0.2% from September 2017.
The chief cause of the modest decline in home sales in July was related to lack of inventory. Housing market indicators are all healthy. With the economy doing well, and home ownership equity healthy, NAR Chief Economist Lawrence Yun expects sales to rise if inventory continues to rise.