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November 2023 Existing-Home Sales Rise After Five Months of Declines

NAR released a summary of existing-home sales data showing that housing market activity increased by 0.8% from October 2023. www.nar.realtor – Research

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Existing-Home Sales Receded 4.1% in October

Existing-Home Sales Receded 4.1% in October Prospective homebuyers experienced another difficult month due to lack of housing inventory and the highest mortgage rates in a generation. Media Contact:  Troy Green 202-383-1042

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Existing-Home Sales Fell 2.0% in September

Existing-Home Sales Fell 2.0% in September Regionally, sales rose in the Northeast but receded in the Midwest, South and West. All four regions of the U.S. saw year-over-year sales declines. Media Contact:  Troy Green 202-383-1042

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Existing-Home Sales Decreased 0.7% in August

Existing-Home Sales Decreased 0.7% in August In August 2023, existing-home sales improved in the Midwest, were unchanged in the Northeast, and slipped in the South and West. Media Contact:  Troy Green 202-383-1042

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Existing-Home Sales Edged Higher by 0.2% in May

Existing-home sales rose 0.2% in May 2023, with gains in the South and West and declines in the Northeast and Midwest regions of the U.S. Sales in all four regions fell year-over-year. www.nar.realtor – Research

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Existing-Home Sales Surged 14.5% in February, Ending 12-Month Streak of Declines

Existing-Home Sales Surged 14.5% in February February 2023 saw the largest monthly existing-home sales rise since July 2020. All regions had month-over-month gains and year-over-year declines. Media Contact:  Troy Green 202-383-1042

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Existing-Home Sales Receded 1.5% in December

Existing-Home Sales Receded 1.5% in December Existing-home sales retreated for the eleventh consecutive much in December 2022, with three of the four U.S. regions recording month-over-month drops Media Contact:  Troy Green 202-383-1042

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NAR Forecasts 4.78 Million Existing-Home Sales, Stable Prices in 2023

2023: 4.78 Million Existing-Home Sales, Stable Prices NAR’s Chief Economist, Lawrence Yun, unveiled the association’s forecast for 2023 during NAR’s fourth annual year-end Real Estate Forecast Summit. Media Contact:  Troy Green 202-383-1042

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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

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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

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