2025 Existing-Home Sales Miss 2024 Levels By 1,000 Homes

2025 Existing-Home Sales Miss 2024 Levels By 1,000 Homes

Existing-home sales increased 5.1 percent month over month in December. However, it wasn’t enough to push 2025 above the previous year’s level. Existing-home sales ended 2025 on an uptick, according to the... Read more »
Existing-Home Sales Dipped 2.5% in August

Existing-Home Sales Dipped 2.5% in August

WASHINGTON, D.C—Existing-home sales fell in August, according to the National Association of Realtors. Three out of four major U.S. regions posted sales declines while the Midwest registered no change. Year-over-year, sales slipped... Read more »
Existing-Home Sales Slipped 5.4% in June; Median Sales Price Jumps to Record High of 6,900

Existing-Home Sales Slipped 5.4% in June; Median Sales Price Jumps to Record High of $426,900

Existing-home sales faded 5.4% in June to a seasonally adjusted annual rate of 3.89 million. Sales also slumped 5.4% from one year ago.The median existing-home sales price bounced 4.1% from June 2023... Read more »
Existing-Home Sales Advanced 1.3% in July, Ending Four-Month Skid

Existing-Home Sales Advanced 1.3% in July, Ending Four-Month Skid

Key Highlights Existing-home sales grew 1.3% in July to a seasonally adjusted annual rate of 3.95 million, stopping a four-month sales decline that began in March. However, sales slipped 2.5% from one... Read more »
Existing-Home Sales Vaulted 9.5% in February, Largest Monthly Increase In A Year

Existing-Home Sales Vaulted 9.5% in February, Largest Monthly Increase In A Year

WASHINGTON, D.C—Existing-home sales surged 9.5% in February to a seasonally adjusted annual rate of 4.38 million, the largest monthly increase since February 2023. Sales declined 3.3% from the previous year. The median... Read more »
Existing-Home Sales Rose 3.1% in January

Existing-Home Sales Rose 3.1% in January

Key Highlights Existing-home sales expanded 3.1% in January to a seasonally adjusted annual rate of 4.00 million. Sales declined 1.7% from the prior year. The median existing-home sales price climbed 5.1% from... Read more »
Existing-Home Sales Slid 1.0% in December

Existing-Home Sales Slid 1.0% in December

WASHINGTON, DC—Existing-home sales retreated in December, according to the National Association of Realtors. Among the four major U.S. regions, sales slipped in the Midwest and South, rose in the West and were... Read more »
California Existing-Home Sales Fall to 16-Year Low

California Existing-Home Sales Fall to 16-Year Low

With borrowing costs remaining elevated, California existing-home sales registered the biggest monthly decline in the past year and dropped in November to the lowest level since 2007, reported the California Association of Realtors (C.A.R.).... Read more »
Existing-home sales have nowhere to go but up in 2024? 

Existing-home sales have nowhere to go but up in 2024? 

Elevated mortgage rates and high home prices pushed sales of existing homes down again in October to the lowest monthly pace since August 2010. Existing-home sales dropped 4.1% in October from the... Read more »
NAR’s Lawrence Yun predicts lower rates, 15% jump in existing-home sales in 2024

NAR’s Lawrence Yun predicts lower rates, 15% jump in existing-home sales in 2024

Although high mortgage rates, elevated home prices and limited housing inventory have crippled the 2023 housing market, the outlook for 2024 is brighter, according to Lawrence Yun, chief economist with the National... Read more »