Existing-Home Sales Explained

What are Existing-Home Sales, and Why Does the Data Matter?

Existing-home sales data are a monthly measure of the sales volume and prices of existing single-family homes, condos, and co-ops nationwide. But what are existing-homes? Existing-homes, unlike new homes, are homes that are owned and occupied before coming onto the market. Existing-home sales account for more than 90 percent of total home sales, and the data captures completed transactions.

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Existing-Home Sales Explained

Meredith Dunn, Research Manager

Meredith Dunn manages and produces Research content on nar.realtor as well as for social media. She creates visual stories, video content for Research, survey templates, writes articles, coordinates the department webinars, data releases, and other social media outreach projects.

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