Home sales tumbled in November

Melissa Bradford

Income of present residences fell 7.7{171d91e9a1d50446856093950b947460c67b1ae5766d3d173ffede4594e3fbfb} in November as opposed with Oct, according to the Nationwide Affiliation of Realtors. The seasonally adjusted annualized speed was 4.09 million units. That is weaker than the 4.17 million units housing analysts experienced predicted, and it was a substantially further drop than normal regular […]

Existing-Home Sales Dipped 7.7{171d91e9a1d50446856093950b947460c67b1ae5766d3d173ffede4594e3fbfb} in November

Melissa Bradford

WASHINGTON (December 21, 2022) – Existing-home sales declined for the tenth month in a row in November, according to the National Association of REALTORS®. All four major U.S. regions recorded month-over-month and year-over-year declines. Total existing-home sales,1 https://www.nar.realtor/existing-home-sales – completed transactions that include single-family homes, townhomes, condominiums and co-ops – […]

November 2022 Housing Market Trends Report

Melissa Bradford

The national inventory of active listings increased by 46.8{171d91e9a1d50446856093950b947460c67b1ae5766d3d173ffede4594e3fbfb} over last year, increasing more than 13 percentage points over the previous month, the largest month-over-month increase in this growth rate since May 2022 when inventory first saw a positive annual growth rate. The total inventory of unsold homes, including pending […]