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What will be the US existing home sales figure for December 2024?
3
Resolution / Starting Odds
Less than 3.5 million • 25%
3.5 - 3.75 million • 25%
3.75 - 4 million • 25%
More than 4 million • 25%
National Association of Realtors (NAR) monthly report
Story
US Existing Home Sales Decline 5.4% in June to 3.89M, Slowest Since 2010
Jul 23, 2024, 02:01 PM
The United States experienced a significant decline in existing home sales in June 2024, with sales falling by 5.4% month-over-month to a seasonally adjusted annual rate of 3.89 million units. This decline was more pronounced than the forecasted drop of 3.04% and the previous month's decrease of 0.7%. The June sales figure is the lowest since December 2023 and represents one of the slowest paces since 2010. The median home price for existing homes reached a record high of $426,900, up 4.1% from the previous month. The slump in sales is attributed to sellers waiting for mortgage rates to fall further and buyers hesitating due to high prices.
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Below 3.8 million • 25%
3.8 to 4.0 million • 25%
4.0 to 4.2 million • 25%
Above 4.2 million • 25%
Below 800,000 • 25%
800,000 - 850,000 • 25%
850,001 - 900,000 • 25%
Above 900,000 • 25%
Less than 2,000,000 units • 25%
Between 2,000,000 and 2,200,000 units • 25%
Between 2,200,000 and 2,400,000 units • 25%
More than 2,400,000 units • 25%
Below 4 months • 25%
4 to 4.5 months • 25%
4.5 to 5 months • 25%
Above 5 months • 25%
Less than 8,500,000 units • 25%
Between 8,500,000 and 9,000,000 units • 25%
Between 9,000,000 and 9,500,000 units • 25%
More than 9,500,000 units • 25%