National market update
Existing-Home Sales Rebound in September
WASHINGTON (October 21, 2014) – After a modest decline last month, existing-home sales bounced back in September to their highest annual pace of the year, according to the National Association of Realtors®. All major regions except for the Midwest experienced gains in September.
Infographic: September 2014 Existing-Home Sales
Total existing-home sales increased 2.4 percent to 5.17 million in September from 5.05 million in August and are 1.7 percent below the 5.26 million unit pace in September 2013
National housing indicators
Existing home sales (October)
5.17 millions units*
Existing home median price (October)
Housing Starts (October)
1.017 millions units*
New home sales (October)
5.04 millions units*
*Seasonally adjusted annual rate. Source: NATIONAL ASSOCIATION OF REALTORS®.
National economic indicators
3rd Qtr 2014
3rd Qtr 2013
The homeownership rate in the third quarter 2014 was 64.4 percent, down 0.9 (+/- 0.4) percentage points from the third quarter 2013 rate of 65.3 percent. The homeownership rates in the Northeast, Midwest and South were lower than the rates in the third quarter 2013, while the rate in the West was not statistically different from the rate a year ago.
New home sales
Sales of new single-family houses in September 2014 were at a seasonally adjusted annual rate of 467,000. This is 0.2 percent (+/- 15.7%)* above the revised August 2014 estimate of 466,000.
Source: U.S. CENSUS BUREAU
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Regional market updates
View market statistics for your region.
Click on the links below to view data from two different industry sources. Choose information on local prices & state sales from any of 150 metropolitan housing markets prepared by the National Association of REALTORS® or information on sales & price activity from local area markets in 25 states prepared by Clarus MarketMetrics.
Local Prices & State Sales
NOVA Home Hunters Realty
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Existing Home Statistics
View statistics based on national data, regional data and data gathered from 159 cities & metropolitan areas.
Statistics by City or Metropolitan Area
Source: NATIONAL ASSOCIATION OF REALTORS®.