Existing Home Sales - Inventories

Indicator History

History of Event Dates
Event Date Time For
Period		 Currency Actual Forecast
What is this indicator?

Existing Home Sales - Inventories is a real estate indicator that measures the supply of homes available for sale relative to the current demand for those homes. The indicator is released monthly by the National Association of Realtors and reports on the number of previously owned homes sold during the previous month, as well as the number of homes available for sale at the end of that month.Existing Home Sales - Inventories is a real estate indicator that measures the supply of homes available for sale relative to the current demand for those homes. The indicator is released monthly by the National Association of Realtors and reports on the number of previously owned homes sold during the previous month, as well as the number of homes available for sale at the end of that month.


Why is it important?

The Existing Home Sales - Inventories indicator is important because it provides valuable insight into the state of the housing market. A low inventory of homes available for sale relative to demand can indicate a tight housing market, with potential for price increases and bidding wars. Conversely, a high inventory of homes available for sale relative to demand can indicate a weaker housing market with less potential for price growth. This indicator can also provide insight into broader economic trends. Strong sales and low inventories can indicate consumer confidence and a strong economy, while weak sales and high inventories can indicate an economic slowdown or recession.

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