Monday, May 12, 2008

Latest Economic Indicators

The Existing Home Sales and Median Home Price are based on closings for single family homes, town homes, condominiums, and co-ops. The Pending Home Sales Index is a leading indicator for the housing market based on contracts signed for existing homes.

Existing Home Sales (in millions)
Mar08 4.93
Feb08 5.03
% change -2
Mar07 6.11

Pending Home Sales Index
Feb08 84.6
Jan08 86.2
%change -1.9
Feb07 107.6


Median Home Price
Mar08 $200,700
Mar07 $217,400
%change -7.7

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