New Home SalesCENSUS
639K
U.S. Housing Market · 1984
U.S. Housing Market in 1984
Existing SalesNAR
2.83M
Median PriceNAR
$72,400
30Y MortgagePMMS
13.88%
In 1984, the U.S. housing market recorded existing-home sales averaged 2.83 million, new-construction sales of 639K, and a 30-year fixed mortgage rate of 13.88%.
Existing-home sales rose 4.4% from 1983. the median existing-home price rose 3.0% to $72,400. the 30-year fixed mortgage rose 0.64 percentage points to 13.88%.
By the numbers — 1984: new-home sales 639K, existing-home sales 2.83M, median existing price $72,400, 30-year mortgage rate 13.88%.