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Friday, June 21, 2024

NAR: Existing-Home Sales Decreased to 4.11 million SAAR in May; Median House Prices Increased 5.8% Year-over-Year

by Calculated Risk on 6/21/2024 10:48:00 AM

Today, in the CalculatedRisk Real Estate Newsletter: NAR: Existing-Home Sales Decreased to 4.11 million SAAR in May

Excerpt:

Sales Year-over-Year and Not Seasonally Adjusted (NSA)

The fourth graph shows existing home sales by month for 2023 and 2024.

Existing Home Sales Year-over-yearSales declined 2.8% year-over-year compared to May 2023. This was the thirty-third consecutive month with sales down year-over-year.
There is much more in the article.