by Calculated Risk on 12/20/2023 10:58:00 AM
Wednesday, December 20, 2023
NAR: Existing-Home Sales Increased to 3.82 million SAAR in November; Months-of-Supply Close to 2019 Levels
Today, in the CalculatedRisk Real Estate Newsletter: NAR: Existing-Home Sales Increased to 3.82 million SAAR in November
Excerpt:
Sales Year-over-Year and Not Seasonally Adjusted (NSA)There is much more in the article. You can subscribe at https://calculatedrisk.substack.com/ Please subscribe!
The fourth graph shows existing home sales by month for 2022 and 2023.
Sales declined 7.3% year-over-year compared to November 2022. This was the twenty-seventh consecutive month with sales down year-over-year. This was just above the cycle low of 3.79 million SAAR last month.