My Account | How to Invest  
This page is hosted on the fund section of Merk Funds
Home > The Merk Perspective > Glossary > Existing Home Sales

What are Existing Home Sales?
Existing home sales tally the number of previously constructed homes, condominium and co-ops in which a sale closed during the month. Existing homes (also known as home resales) account for a larger share of the market than new homes and indicate housing market trends.