Existing Home Sales in the United States is expected to be 5569.18 Thousand by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Existing Home Sales in the United States to stand at 5438.60 in 12 months time. In the long-term, the United States Existing Home Sales is projected to trend around 5182.05 Thousand in 2020, according to our econometric models.
| Forecast | Actual | Q2/16 | Q3/16 | Q4/16 | Q1/17 | 2020 | Unit |
|---|---|---|---|---|---|---|---|
| Existing Home Sales | 5530 | 5569 | 5472 | 5453 | 5439 | 5182 | Thousand |
United States Existing Home Sales Forecasts are projected using an autoregressive integrated moving average (ARIMA) model calibrated using our analysts expectations. We model the past behaviour of United States Existing Home Sales using vast amounts of historical data and we adjust the coefficients of the econometric model by taking into account our analysts assessments and future expectations. The forecast for – United States Existing Home Sales – was last predicted on Wednesday, June 22, 2016.
| United States Housing | Last | Q2/16 | Q3/16 | Q4/16 | Q1/17 | 2020 |
|---|---|---|---|---|---|---|
| Building Permits | 1138 | 1140 | 1152 | 1161 | 1171 | 1250 |
| Housing Starts | 1164 | 1164 | 1175 | 1184 | 1193 | 1213 |
| New Home Sales | 619 | 531 | 475 | 517 | 510 | 590 |
| Pending Home Sales | 4.6 | 3.38 | 2.9 | 2.3 | 1.99 | 1.42 |
| Existing Home Sales | 5530 | 5569 | 5472 | 5453 | 5439 | 5182 |
| Construction Spending | -1.8 | 0.2 | 0.4 | 0.3 | 0.3 | -0.9 |
| Housing Index | 0.2 | 0.45 | 0.43 | 0.41 | 0.4 | 0.31 |
| Nahb Housing Market Index | 60 | 58 | 59.79 | 59.1 | 58.6 | 53.76 |
| Mortgage Rate | 3.76 | 4.9 | 5.1 | 3.85 | 3.9 | 6.5 |
| Mortgage Applications | 2.9 | 0.02 | 0.49 | 0.5 | 0.5 | 0.5 |
| Home Ownership Rate | 63.5 | 63.52 | 63.53 | 63.53 | 63.53 | 63.53 |
| Case Shiller Home Price Index | 184 | 192 | 195 | 196 | 196 | 174 |