Data & Statistics
Despite improving affordability conditions, U.S. existing-home sales declined 8.4% to a seasonally adjusted annual rate of 3.91 million, a 4.4% drop from one year earlier, according to the National Association of REALTORS® (NAR). The slowdown followed a 5.1% increase the previous month and modest gains throughout the fall. Sales retreated month-over-month and year-over-year in all four regions.
- Single Family Closed Sales were down 12.1 percent to 788.
- Townhouse-Condo Closed Sales were down 8.9 percent to 215.
- Adult Communities Closed Sales were down 9.7 percent to 28.
U.S. existing-home sales climbed 5.1% month-over-month and 1.4% year-overyear to a seasonally adjusted annual rate of 4.35 million units, the strongest pace in nearly three years, according to the National Association of REALTORS® (NAR). Lower mortgage rates and slower home price growth helped spur buyer activity, and sales increased month-over-month in every region. On an annual basis, sales rose in the South, held steady in the West and Midwest, and declined in the Northeast.
- Single Family Closed Sales were down 6.2 percent to 1,066.
- Townhouse-Condo Closed Sales were up 3.1 percent to 304.
- Adult Communities Closed Sales were down 5.3 percent to 36.
- Single Family Median Sales Price increased 1.6 percent to $625,000.
U.S. existing home sales ticked up 0.5% from the previous month to a seasonally adjusted annual rate of 4.13 million, marking the third consecutive monthly increase, according to the National Association of REALTORS® (NAR). However, sales were down 1.0% from the same period last year. Regionally, sales rose month-over-month in the Northeast and South, were unchanged in the West, and declined in the Midwest. On a year-over-year basis, sales were flat in the Northeast and South and fell in both the Midwest and West.
- Single Family Closed Sales were up 2.2 percent to 1,575.
- Townhouse-Condo Closed Sales were down 6.3 percent to 372.
- Adult Communities Closed Sales were up 36.2 percent to 64.
- Single Family Median Sales Price increased 6.7 percent to $640,000.
U.S. sales of existing homes rose 1.2% from the previous month to a seasonally adjusted annual rate of 4.10 million, according to the National Association of REALTORS® (NAR), as buyers took advantage of lower mortgage rates this fall. Sales increased in the Midwest and South, held steady in the Northeast, and edged down in the West. Year-over-year, sales were up 1.7%, with gains in the Northeast, Midwest, and South, while the West posted a decline.
- Single Family Closed Sales were down 6.6 percent to 1,288.
- Townhouse-Condo Closed Sales were down 9.8 percent to 313.
- Adult Communities Closed Sales were up 40.5 percent to 52.
