New Home SalesCENSUS
561K
U.S. Housing Market · 2016
U.S. Housing Market in 2016
Existing SalesNAR
5.45M
Median PriceNAR
$235,500
30Y MortgagePMMS
3.65%
In 2016, the U.S. housing market recorded existing-home sales averaged 5.45 million, new-construction sales of 561K, and a 30-year fixed mortgage rate of 3.65%.
Existing-home sales rose 3.8% from 2015. the median existing-home price rose 5.9% to $235,500. the 30-year fixed mortgage fell 0.20 percentage points to 3.65%.
By the numbers — 2016: new-home sales 561K, existing-home sales 5.45M, median existing price $235,500, 30-year mortgage rate 3.65%.