U.S. Housing Market in 2007

In 2007, the U.S. housing market recorded existing-home sales averaged 5.65 million, new-construction sales of 776K, and a 30-year fixed mortgage rate of 6.34%.

Existing-home sales fell 12.8% from 2006. the median existing-home price fell 1.8% to $217,900. the 30-year fixed mortgage fell 0.07 percentage points to 6.34%.

See also

• The 2008 subprime housing collapse
• The full 1963–2024 data table
• 30-year fixed mortgage rate history
• Median home price history