2012 Economic Calendar
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United States : Existing Home Sales
Released On 5/22/2012 10:00:00 AM For Apr, 2012
PriorPrior RevisedConsensusConsensus RangeActual
Existing Home Sales - Level - SAAR4.48 M4.47 M4.660 M4.500 M to 4.850 M4.62 M
Existing Home Sales - M/M Change-2.6 %-2.8 %3.4 %
Existing Home Sales - Yr/Yr Change5.2 %10.0 %
Definition
Existing home sales tally the number of previously constructed homes, condominium and co-ops in which a sale closed during the month. Existing homes (also known as home resales) account for a larger share of the market than new homes and indicate housing market trends. (National Association of Realtors)  Why Investors Care
 
[Chart]
Existing home sales reached a peak in mid-2005 and have been easing since. Typically, a distinct reverse relationship exists between home sales and mortgage rates. However, sales and mortgage rates both have firmed in recent months.
Data Source: Haver Analytics
 

 

2012 Release Schedule
Released On: 1/202/223/214/195/226/217/198/229/1910/1911/1912/20
Release For: DecJanFebMarAprMayJunJulAugSepOctNov
 


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