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National housing indicators

Posted by Editor on August 14, 2018
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Existing home sales (June)

5.38 millions units*

Existing home median price (June)

$276,900

Housing Starts (June)

1.173 millions units*

New home sales (May)

0.689 millions units*

*Seasonally adjusted annual rate. Source: NATIONAL ASSOCIATION OF REALTORS®.

National economic indicators

Home ownership

1st Quarter 2018

64.2%

2nd Quarter 201

64.3%

The homeownership rate of 64.3 percent was not statistically different from the rate in the second quarter 2017 (63.7 percent) nor from the rate in the first quarter 2018 (64.2 percent).

New home sales

April 2018

-1.5%

May 2018

+6.7%

Sales of new single-family houses in May 2018 were at a seasonally adjusted annual rate of 689,000, according to estimates released jointly today by the U.S. Census Bureau and the Department of Housing and Urban Development. This is 6.7 percent (±14.1 percent)* above the revised April rate of 646,000 and is 14.1 percent (±19.9 percent)* above the May 2017 estimate of 604,000.

Source: U.S. CENSUS BUREAU

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