2017 Economic Calendar
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Existing Home Sales  
Released On 4/21/2017 10:00:00 AM For Mar, 2017
PriorPrior RevisedConsensusConsensus RangeActual
Existing Home Sales - Level - SAAR5.480 M5.470 M5.605 M5.485 M to 5.800 M5.710 M
Existing Home Sales - M/M Change-3.7 %-3.9 %4.4 %
Existing Home Sales - Yr/Yr Change5.4 %5.9 %

Consensus Outlook
Existing home sales have been trending steadily near the 5.550 million annualized rate for the last 4 reports, not showing much momentum but still holding at expansion highs. The breakdown shows single-family homes steady near 4.950 million and multi-family homes struggling to hold momentum near the low 600,000 rate. But a breakout may be in store based on the pending home sales index which surged to signal strength in final resales during the March and April period. Forecasters are calling for a significant gain to a consensus 5.605 million in April.

Definition
Existing home sales tally the number of previously constructed homes, condominiums 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.  Why Investors Care
 
 

2017 Release Schedule
Released On: 1/242/223/224/215/246/217/248/249/2010/2011/2112/20
Release For: DecJanFebMarAprMayJunJulAugSepOctNov
 


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