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What Are Existing-Home Sales, and Why Is the Data Important?

By Meredith Dunn, Research Manager, National Association of REALTORS®

Existing-home sales data are a monthly measure of the sales volume and prices of existing single-family homes, condos, and co-ops nationwide. 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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​What Are Existing-Home Sales, and Why Is the Data Important?

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What Are Existing-Home Sales, and Why Is the Data Important?