New Home SalesCENSUS
613K
U.S. Housing Market · 2017
U.S. Housing Market in 2017
Existing SalesNAR
5.51M
Median PriceNAR
$248,800
30Y MortgagePMMS
3.99%
In 2017, the U.S. housing market recorded existing-home sales averaged 5.51 million, new-construction sales of 613K, and a 30-year fixed mortgage rate of 3.99%.
Existing-home sales rose 1.1% from 2016. the median existing-home price rose 5.6% to $248,800. the 30-year fixed mortgage rose 0.34 percentage points to 3.99%.
By the numbers — 2017: new-home sales 613K, existing-home sales 5.51M, median existing price $248,800, 30-year mortgage rate 3.99%.