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Data from FMP. Forecasts by Sigmanomics Forecast Engine.
United StatesUS Existing Home Sales MoM climbed to 3.2% in May 2026
FMPMonthlyReleased June 2026
US Existing Home Sales MoM climbed to 3.2% in May 2026, released June 2026, up 2.5% from April's 0.7% reading. The print exceeded the 0.5% consensus by 2.7%. Existing Home Sales MoM has now risen for 3 consecutive months. Over the past 3 months, Existing Home Sales MoM averaged -1.7%, vs -0.28% in the prior 3-month window. The reading is in the 83rd percentile of the trailing 24-month range.
Latest Release
3.2
Actual
0.5
Consensus
0.7
Previous
Median Absolute Error
±2.56 percentage points
across last 12 releases
Last Call
Jun 2026
Predicted: -0.45
Actual: 3.2
Error: -3.65
Sigmacast Σ-direction model: consensus + ½ × mean(surprise, trailing 90d).
THE RELEASE
Existing Home Sales MoM (United States) was reported at 3.2% in June 2026. This beat the market consensus of 0.5% by 2.7%. The reading rose from the previous value of 0.7%. Trailing 12-month context per ETL data through June 2026. Over the past 12 months, the indicator has averaged 0.41%, ranging from -8.4% to 5.1% across 12 releases. This is classified as a medium-impact indicator released on a monthly basis.
WHY IT MATTERS
The trailing three releases averaged 1.7%, up from the prior three at -0.93%. Volatility over the past year (σ 3.21%) is lower than the prior year (σ 3.57%). In June readings over the past 3 years, Existing Home Sales MoM has averaged 0.88%.
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 July 9, 2026. Same-country events in the next 14 days include NY Empire State Manufacturing Index (Jun 15) and Industrial Production MoM (Jun 15).
Auto-generated from current model state · Refreshes on each release · Last update June 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 (May 2026): actual 3.2 M, consensus 0.5 M. Prior reading (Apr 2026): 0.2 M. Before that (Apr 2026): -3.6 M.
WHAT'S NEXT
Sigmacast's 1-month forecast points to a 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.