We're essentially half way through 2016. How are we doing? So far, we're currently 147,000 home sales ahead of last year in June as you can see in our interactive housing tracker below.
Existing–home sales were up to their highest level in over 9 years to a seasonally adjusted annual rate of 5.57 million in June. This marked the fourth consecutive month of rising existing home sales, beating out analyst expectations. And new home sales hit their highest level in over 8 years at a seasonally adjusted annual rate of 592,000 units.
Currently existing home sales are up 0.1% and new home sales are down 34% compared to 2007 through June on a non–seasonally adjusted basis.
With six months behind us, and six more months of home sales data in front of us, we're still expecting the best home sales in a decade.
- Feedback
Have a comment or question about this post? Email us to let us know what's on your mind.
Recent Posts
Insights from Company Leaders
It’s About Data, Not Documents
This spring homebuying season will certainly have a new ring to it. In fact, this year will be the first homebuying season in more than a decade where those buying a home, rather than those refinancing a home, will dominate the market.
Senior Vice President and Chief Operating Officer, Single-Family
Inclusive Engagement at Freddie Mac
As Freddie Mac continues to evolve, we are more sharply focusing on inclusion. For us, inclusion itself is not a program; instead, it's a mindset.
SVP, Chief Human Resources Officer and Chief Diversity Officer
A Year of Milestones and Innovations in Credit Risk Transfer
For Single-Family Credit Risk Transfer, 2018 marked a year of milestones and continued innovation.
Transcript: Freddie Mac CEO Donald H. Layton Discusses Full Year 2018 Financial Results
2018 was another excellent year for Freddie Mac. Ten years after the financial crisis, our transformed business model continues to produce solid earnings.
CEO