Try our corporate solution for free!
(212) 419-8286
hadley.ward@statista.com

U.S. existing home sales 2005-2021

The statistic shows the number of existing homes sold in the United States from 2005 to 2019, and a forecast thereof for 2020 and 2021. In 2019, around 5.34 million of existing homes were sold in the United States.

Existing home sales in the United States

The steady rise in sales after the sharp drop in 2008 is indicative of the general consensus that the housing market is recovering. Construction is starting to show positive signs, consumers are growing in confidence and are becoming freer with their spending and the market is entering new periods of growth.
This is a far cry from the dire situation in the not too distant past, in the run up to the bursting of the U.S. housing bubble. Interest rates were very low at that time, making credit cheap and abundantly available. Banks and lending institutions led people to believe that it was okay to buy multiple properties with little money and that real estate was just about the safest investment anyone could make. More and more people decided to take the risk and invest in the market. This coupled with the increased number of people descending on the market caused prices to soar; it seemed like an easy way to make cash fast. But this is how the bubble formed and it was this bubble, upon bursting, that would set into motion a chain of events that would bring the global economy to its knees; plunging the world into an economic depression of which it has not seen the likes since the Great Depression of the 1930s.

Number of existing homes sold in the United States from 2005 to 2021

Loading statistic...
You need to log in to download this statistic
Register for free
Already a member?
Log in
Show detailed source information?
Register for free
Already a member?
Log in
Source

Release date

January 2020

Region

United States

Survey time period

2005 to 2019

Supplementary notes

* Forecast.
Single-family homes and condo/coops.

Statista Accounts: Access All Statistics. Starting from $468 / Year
Basic Account
Get to know the platform

You only have access to basic statistics.

Single Account
The ideal entry-level account for individual users
  • Instant access to 1m statistics
  • Download in XLS, PDF & PNG format
  • Detailed references
$59 $39 / Month *
in the first 12 months
Corporate Account
Full access

Corporate solution including all features.

* Prices do not include sales tax.

Statistics on "Mortgage industry of the United States"

Statista Accounts: Access All Statistics. Starting from $468 / Year
Learn more about how Statista can support your business.