Friday, June 13, 2025
HomeReal EstateExisting Home Sales Down 1% in August

Existing Home Sales Down 1% in August

-

[ad_1]

NAR logoThe National Association of Realtors is reporting that existing home sales were down 1% in September to a seasonally-adjusted annual rate of 3.84 million – down 3.5% year over year.  Total housing inventory at the end of September was 1.39 million units, up 1.5% from August and up 23% from one year ago.  Unsold inventory sits at a 4.3-month supply at the current sales rate with properties remaining on the market for around 28 days.  The median existing-home price for all housing types in September was $404,500.

“Home sales have been essentially stuck at around a four-million-unit pace for the past 12 months, but factors usually associated with higher home sales are developing…There are more inventory choices for consumers, lower mortgage rates than a year ago and continued job additions to the economy…”  Said NAR Chief Economist Lawrence Yun.

Click here to read the full report at the National Association of Realtors.

 

[ad_2]

Source link

LATEST POSTS

Soft Play Bus Essex with Squeeze Rollers & Dizzy Discs – A Fun-Filled Mobile Adventure

In today’s world of children’s entertainment, finding activities that combine physical play with safety and creativity can be a challenge. The Soft Play Bus Essex offers a...

Chic and Cheap: Grace Bay Turks and Caicos Luxury Stays Under $300/Night

Experience Luxury Without Overspending Grace Bay Turks and Caicos is a dream destination known for its pristine beaches, turquoise waters, and upscale ambiance. While many assume...

WitchSpin Casino: Daily ₱777 Bonus Explained

Online casinos attract players by offering exciting games and generous bonuses. One of the most popular features of WitchSpin Casino is its daily ₱777 bonus....

Gaming and Adventure Combined: The Ultimate Guide for Norwegian Tourists

For many Norwegian tourists, traveling is all about exploring new places, immersing themselves in different cultures, and seeking unforgettable adventures. But what if your journey...

Most Popular

spot_img