New Home SalesCENSUS
1,203K
U.S. Housing Market · 2004
U.S. Housing Market in 2004
Existing SalesNAR
6.78M
Median PriceNAR
$185,200
30Y MortgagePMMS
5.84%
In 2004, the U.S. housing market recorded existing-home sales averaged 6.78 million, new-construction sales of 1,203K, and a 30-year fixed mortgage rate of 5.84%.
Existing-home sales rose 9.7% from 2003. the median existing-home price rose 8.9% to $185,200. the 30-year fixed mortgage rose 0.01 percentage points to 5.84%.
By the numbers — 2004: new-home sales 1,203K, existing-home sales 6.78M, median existing price $185,200, 30-year mortgage rate 5.84%.