New Home SalesCENSUS
666K
U.S. Housing Market · 1993
U.S. Housing Market in 1993
Existing SalesNAR
3.80M
Median PriceNAR
$103,100
30Y MortgagePMMS
7.31%
In 1993, the U.S. housing market recorded existing-home sales averaged 3.80 million, new-construction sales of 666K, and a 30-year fixed mortgage rate of 7.31%.
Existing-home sales rose 8.0% from 1992. the median existing-home price rose 3.4% to $103,100. the 30-year fixed mortgage fell 1.08 percentage points to 7.31%.
By the numbers — 1993: new-home sales 666K, existing-home sales 3.80M, median existing price $103,100, 30-year mortgage rate 7.31%.