U.S. existing-home sales rose 2.0% month-over-month and 0.8% year-over-year to a seasonally adjusted annual rate of 4.01 million units, according to the National Association of REALTORS® (NAR). Economists polled by Reuters had forecast a rate of 3.92 million units. Regionally, sales increased in the West, South, and Northeast, while the Midwest experienced a decline. New listings showed mixed results....
U.S. existing-home sales edged up 0.8% month-over-month to a seasonally adjusted annual rate of 4.03 million units, slightly exceeding economists’ expectations. However, sales were still down 0.7% compared to the same period last year, according to the National Association of REALTORS® (NAR). Month-over-month, sales increased in the Midwest, Northeast, and South, while the West saw a decline. New...
U.S. existing-home sales dipped 0.5% month-over-month and 2.0% year-over-year to a seasonally adjusted annual rate of 4.00 million units, according to the National Association of REALTORS® (NAR). Sales increased in the Midwest, declined in the West and Northeast, and remained unchanged in the South. Compared to the previous year, sales were down in every region except the Northeast. New listings...
U.S. existing-home sales rebounded from the previous month, rising 4.2% to a seasonally adjusted annual rate of 4.26 million units, according to the National Association of REALTORS® (NAR). This came as a surprise, as economists polled by Reuters had forecasted a decline to 3.95 million units. Sales activity increased in the South and the West, decreased in the Northeast, and remained unchanged in the...
U.S. Existing-Home Sales Decline Amid High Prices and Interest Rates For the first time since September, U.S. existing-home sales fell by 4.9% month-over-month, reaching a seasonally adjusted annual rate of 4.08 million units, according to the National Association of REALTORS® (NAR). Despite this decline, sales were still 2% higher than the same period last year, marking the fourth consecutive...
U.S. Existing-Home Salesa Reach 10-Month High U.S. existing-home sales rose for the third consecutive month, increasing 2.2% to a seasonally adjusted annual rate of 4.24 million units, according to the National Association of REALTORS® (NAR). This marks a 10-month high and a 9.3% year-over-year increase, largely driven by sales of homes priced at $500,000 and above. Regional Trends: Sales...
U.S. existing-home sales rose for the second consecutive month, climbing 4.8% to a seasonally adjusted annual rate of 4.15 million units, an eight-month high, according to the National Association of REALTORS® (NAR). This marked a 6.1% increase compared to last year, the largest year-over-year gain since June 2021. Economists had predicted sales would reach an annual rate of 4.07 million units, making...
U.S. existing home sales rose by 3.4% month-over-month and 2.9% year-over-year, reaching a seasonally adjusted annual rate of 3.96 million units, according to the National Association of REALTORS® (NAR). This performance exceeded economists’ expectations and marked the first annual gain since July 2021. The increase in sales was largely driven by lower mortgage rates in late summer and early fall,...
U.S. existing-home sales unexpectedly dropped by 1.0% month-over-month and 3.5% year-over-year, reaching a seasonally adjusted annual rate of 3.84 million— the lowest level in more than a decade, according to the National Association of REALTORS® (NAR). Despite lower mortgage rates and more home options compared to last year, prospective buyers have been pulling back in recent months. New listings...
U.S. existing home sales decreased by 2.5% month-over-month and 4.2% year-over-year, reaching a seasonally adjusted annual rate of 3.86 million units, according to the National Association of REALTORS® (NAR). Simultaneously, home prices have reached record highs across the nation. NAR reports a median sales price of $416,700, marking a 3.1% increase from the same time last year and establishing a new...
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