Existing-Home Sales

Existing-Home Sales Down YoY, But Monthly Increases Show Low Inventory Not Holding Buyers Back

November 22nd, 2021
Existing-home sales, recording a seasonally adjusted annual rate of 6.34 million in October, bumped down 5.8% compared to last year, according to the latest data from the National Association of REALTORS® (NAR). While they’re lagging behind on a yearly basis,...

Year-End Outlook: Buzzing Home Sales Activity Poised for a Change in 2022

December 21st, 2021
Editor’s Note: RISMedia’s Year-End Outlook series provides an in-depth analysis of the housing market’s leading indicators for economic health, and showcases expert insights on what’s to come in 2022.  Home sales have shined over the past two years since the...

Existing-Home Sales Up for Third Straight Month, but Down 2% from Last Year

December 22nd, 2021
Existing-home sales, recording a seasonally adjusted annual rate of 6.46 million in November, bumped down 2.0% compared to last year, according to the latest data from the National Association of REALTORS® (NAR). But while inventory continues to drop and prices...

Existing-Home Sales Mark 15-Year Milestone, Despite Decline in December

January 20th, 2022
After seeing several months of gains, existing-home sales retracted in December by 7.1% to a seasonally adjusted annual rate of 6.18 million, with each of the four major U.S. regions seeing both a month-over-month and year-over-year decreases, according to the...

Buyer Rush Fuels Boost in January Existing-Home Sales

February 18th, 2022
The housing market kicked off 2022 on a positive note, as buyers rushed to snag and lock in the best mortgage rates they could, according to a new report from the National Association of REALTORS® (NAR). NAR’s latest existing-home sales...

Existing-Home Sales Tumble in February

March 18th, 2022
Existing-home sales fell by 7.2% in February, furthering the volatility pattern of the past few months in residential real estate, according to the National Association of REALTORS® (NAR) latest report. All four U.S. regions experienced lower month-over-month sales in February....

Existing Home Sales Fall for Second Straight Month

April 20th, 2022
Existing home sales slowed yet again this month, falling under the six-million mark for the first time in seven months, according to new data released by the National Association of REALTORS®, down from 6.02 million in February to 5.77 million...

Existing-Home Sales Maintain Decline in April

May 19th, 2022
The downward trend in existing home sales held firm in April as rising price tags and mortgage rates continued to strain buyer activity, according to a new report from the National Association of REALTORS® (NAR). Sales of previously owned homes...

Existing-Home Sales Slip in May Under Rising Mortgage Rate Environment

June 21st, 2022
Rising mortgage rates—and subsequently the widening affordability gap—have sent ripples throughout the housing market that the National Association of REALTORS® (NAR) suggests have kept existing home sales on a downward track in May. Sales of previously-owned homes slid by 3.4%...

Harvard ‘State of Housing’ Charts Path Forward

June 24th, 2022
Historic. Unprecedented. Crisis. Inflection point. These descriptors have been used so often in reference to the last couple years of real estate that they have lost much of their meaning. That does not mean, however, it is inaccurate to view...
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