New Home SalesCENSUS
880K
U.S. Housing Market · 1999
U.S. Housing Market in 1999
Existing SalesNAR
5.21M
Median PriceNAR
$133,300
30Y MortgagePMMS
7.43%
In 1999, the U.S. housing market recorded existing-home sales averaged 5.21 million, new-construction sales of 880K, and a 30-year fixed mortgage rate of 7.43%.
Existing-home sales rose 4.8% from 1998. the median existing-home price rose 3.8% to $133,300. the 30-year fixed mortgage rose 0.49 percentage points to 7.43%.
By the numbers — 1999: new-home sales 880K, existing-home sales 5.21M, median existing price $133,300, 30-year mortgage rate 7.43%.