Tagged: Existing-Home Sales

Existing‑home sales surged in December to the fastest pace in nearly three years, driven by easing mortgage rates and broad regional gains, despite tight inventory

A new Redfin analysis examines the U.S. cities that are the most competitive housing markets in 2025, where homes are selling rapidly and often above asking price amid constrained supply

A new survey from RE/MAX finds that 88% of prospective buyers say they are “very” or “somewhat” likely to purchase a home in 2026, although 71% say current market conditions have pushed their plans back

Luxury home sales increased 2.9% year-over-year, while non-luxury sales rose 0.7%, as luxury inventory climbed 6.4% year-over-year, compared to a 9.5% increase in non-luxury inventory, posting their highest October levels in at least five years

NAR projects a combination of easing mortgage rates, steady job gains, and improving market stability will prompt some sidelined home shoppers to drive existing-home sales in 2026 as more commit to buying

NAR reports that housing markets in the supply-constrained Northeast and more affordable Midwest experienced stronger price appreciation in the third quarter of 2025

Studies find that there are currently 36.7% more home sellers in the market than buyers — a near-record gap, which is good news for buyers who have an opportunity to negotiate and ask for concessions

Life-events such as marriage, expanding families, job changes, and divorce are factoring into the housing market’s recovery on the road back to normalcy

Lower rates and improving affordability are pulling some buyers back into the market

Existing homes now cost more than new builds, with a median gap of $18.6K in Q2 2025