U.S. April Existing Home Sales Index MoM

2025/05/29 14:00:00

National Association of Realtors (NAR) announced the U.S. April Existing Home Sales Index MoM on 2025-05-29. The reported figure stands at -6.3%, against a forecast of -1%, with the prior figure recorded as 6.10%.

Regarding the U.S. April Existing Home Sales Index MoM, Data > Expectations = Positive for the Dollar, The existing home sales contract index refers to an index-type indicator derived from the sales data of signed existing homes that have been built or are second-hand, after statistical processing and weighted treatment. This indicator serves as a leading indicator for future housing sales activities in a country and can provide more reliable information on the direction of changes in the housing market compared to any existing indicators. This data is released approximately one week later than existing home sales data, but the indicator is more forward-looking, as it takes several weeks after signing for the sales to be counted in the existing home sales segment. An increase in this index suggests that the U.S. housing market is improving. This data was first released in March 2005. It is a leading indicator of the health of the U.S. economy, as home sales will trigger widespread chain reactions. For example, home renovations, mortgage activities from financing banks, and transactions can generate profits for intermediary companies.

This data holds an importance level of , calculated using Statistics on the number of homes that have signed agreements but are still waiting to finalize transactions, excluding new construction projects, and updates monthly.

This content is AI-generated.Please verify before use.

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