New Home SalesCENSUS
908K
U.S. Housing Market · 2001 · NBER recession
U.S. Housing Market in 2001
recession
Existing SalesNAR
5.34M
Median PriceNAR
$147,800
30Y MortgagePMMS
6.97%
In 2001, the U.S. housing market recorded existing-home sales averaged 5.34 million, new-construction sales of 908K, and a 30-year fixed mortgage rate of 6.97%.
Existing-home sales rose 3.5% from 2000. the median existing-home price rose 6.3% to $147,800. the 30-year fixed mortgage fell 1.08 percentage points to 6.97%. The NBER classified at least part of the year as a U.S. recession.
By the numbers — 2001: new-home sales 908K, existing-home sales 5.34M, median existing price $147,800, 30-year mortgage rate 6.97%.