- September existing-home sales of 5.17M (at a seasonally adjusted annualized rate) is up from 5.05M in August, and marks the fastest pace this year, but 1.7% below the level of September 2013.
- The median existing-home price for all housing types of $209.7K is up 5.6% Y/Y.
- Total housing inventory of 2.3M homes is off 1.3% and represents a 5.3-month supply at the current sales pace. Inventory is up 6% Y/Y.
- All cash sales were 24% of all transactions vs. 33% one year ago. Individual investors purchased 14% of homes vs. 19% last year.
- First-time buyers remain at just 29% off all buyers - they've represented less than 30% of all buyers for the 17th month in the last 18.
- Full report
- ITB +1.6%, XHB +1.8%