Existing-Home Sales Post 1st Monthly Increase In A Year
Jump 14.5%, the largest increase since July 2020, as record streak of home-price increases ends at 131 months.
Jump 14.5%, the largest increase since July 2020, as record streak of home-price increases ends at 131 months.
January marks 12th straight month of declines.
For all of 2022, sales fell nearly 18% from 2021.
National Association of Realtors says sales in November fell 7.7% from October.
October sales fell 5.9% from September, and are down 28.4% year over year.
National Association of Realtors says inventory also fell.
Median existing-home price also rose, the 126th consecutive month of year-over-year increases.
Median house price was $403,800, up nearly 11% YOY, but down from June.
Sales have declined for five straight months.