Housing Sales · Prices · Rates
Six decades of American homebuying, in one place.
Annual sales of new and existing single-family homes, median transaction prices, and the 30-year fixed mortgage rate from 1963 through 2024. Sourced from the U.S. Census Bureau, the National Association of Realtors, and Freddie Mac.
Notable Cycles
Four genuine peaks, four wholly different recoveries.
The 1978 peak collapsed under Volcker's 18.5% mortgage rates. The 1986 peak gave way slowly through the savings-and-loan years. The 2005 peak — driven by subprime origination — fell 53% in three years and did not recover until 2020. The 2021 pandemic peak unwound in eighteen months as the Fed lifted rates from zero to 5.5%.Definitions
- Sales
units, K or M - Price
median, current $ - Rate
30-yr fixed, % APR - SAAR
Census - EHS
NAR - PMMS
Freddie Mac - Recession
NBER monthly