Existing Home Sales is a monthly economic report measuring the number of previously owned homes sold in the United States. It is a key indicator of housing market health and consumer confidence, influencing mortgage rates and related financial markets.
Example
“Existing home sales fell to a 13-year low of 4.09 million units annualized, signaling a cooling housing market and weighing on homebuilder stocks like Lennar and D.R. Horton.”