5.9%
Existing-Home Sales Fell for the Ninth Straight Month and Decline 5.9% in October 2022
October’s existing home sales reached a 4.43 million seasonally adjusted annual rate, declining 28.4% from October 2021. www.nar.realtor – Research
Existing-Home Sales Slumped 5.9% in October
Fewer homebuyers were able to qualify for a mortgage in October 2022 as mortgage rates climbed higher, with the impact greater in expensive areas of the country and in markets that witnessed significant home price gains in recent years. www.nar.realtor – Research
Existing-Home Sales Fall for the Sixth Straight Month, Decline 5.9% in July 2022
In July 2022, existing-home sales fell month-over-month for the sixth consecutive time, reaching a 4.81 million seasonally adjusted annual rate, and fell 20.2% from July 2021. www.nar.realtor – Research
Existing-Home Sales Retreated 5.9% in July
Existing-Home Sales Retreated 5.9% in July July 2022 existing-home sales were down 5.9% from June and 20.2% from one year ago, with all four regions of the U.S. recording declines. Media Contact: Troy Green 202-383-1042