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Data from FMP. Forecasts by Sigmanomics Forecast Engine.
United StatesUS Existing Home Sales MoM climbed to 0.2% in April 2026
FMPMonthlyReleased May 2026
US Existing Home Sales MoM climbed to 0.2% in April 2026, released May 2026, up 3.1% from March's -2.9% reading. The reading missed the 2.1% consensus by 1.9%. The print is running well above the 12-month average of -0.19%. Over the past 3 months, Existing Home Sales MoM averaged -3.43%, vs 2.27% in the prior 3-month window. The reading is in the 52nd percentile of the trailing 24-month range.
Latest Release
0.2
Actual
2.1
Consensus
-2.9
Previous
Median Absolute Error
±2.56 percentage points
across last 12 releases
Last Call
May 2026
Predicted: -0.4
Actual: 0.2
Error: -0.6
Sigmacast Σ-direction model: consensus + ½ × mean(surprise, trailing 90d).
THE RELEASE
Existing Home Sales MoM (United States) was reported at 0.2% in May 2026. This missed the market consensus of 2.1% by 1.9%. The reading rose from the previous value of -2.9%. Trailing 12-month context per ETL data through May 2026. Over the past 12 months, the indicator has averaged 0.15%, ranging from -8.4% to 5.1% across 11 releases. This is classified as a medium-impact indicator released on a monthly basis.
WHY IT MATTERS
The trailing three releases averaged -2.17%, down from the prior three at 2.27%. Volatility over the past year (σ 3.24%) is comparable than the prior year (σ 3.57%). In May readings over the past 3 years, Existing Home Sales MoM has averaged -0.73%.
THE MODEL'S TAKE
Over the last 12 releases, the Sigmacast model's median absolute error is 2.56%.
WHAT TO WATCH NEXT
The next release is scheduled for June 9, 2026. Same-country events in the next 14 days include OPEC Meeting (Jun 7) and Exports (Jun 9).
Auto-generated from current model state · Refreshes on each release · Last update May 2026.
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Existing Home Sales MoM - US
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About Existing Home Sales MoM — United States
DEFINITION
Existing Home Sales MoM (Month-over-Month) is a key financial indicator that measures the change in the number of previously owned homes sold in a given month. This data is important for understanding the current state of the housing market and can provide insights into consumer confidence and overall economic health. A higher MoM percentage indicates a stronger demand for homes, while a lower percentage may suggest a slowdown in the housing market. This indicator is closely monitored by investors, economists, and policymakers to make informed decisions about the real estate market and its impact on the broader economy.
WHY THIS INDICATOR MATTERS
Housing data leads broader economic cycles by several months and is highly rate-sensitive, with knock-on effects to construction, materials, and consumer credit. Surprises against consensus can drive short-term moves, particularly when the print breaks an established trend. Released monthly.
WHAT CHANGED THIS MONTH
Latest reading (Apr 2026): actual 0.2 M, consensus 2.1 M. Prior reading (Apr 2026): -3.6 M. Before that (Mar 2026): 1.7 M.
WHAT'S NEXT
Sigmacast's 1-month forecast points to a materially higher reading versus the latest print, with the 3-month outlook reinforcing that direction. Both horizons are aligned bullish for this indicator, suggesting a consistent trend signal. Trend-driven dynamics are the primary tailwind in the current projection.