by Calculated Risk on 1/24/2025 10:49:00 AM

Today, in the CalculatedRisk Real Estate Newsletter: NAR: Existing-Home Sales Increased to 4.24 million SAAR in December

Excerpt:

Sales in December (4.24 million SAAR) were up 2.2% from the previous month and were 9.3% above the December 2023 sales rate. This was the third consecutive month with a year-over-year increase after declining YoY every month for over 3 years.
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Sales Year-over-Year and Not Seasonally Adjusted (NSA)

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

Sales increased 9.3% year-over-year compared to December 2023. On an annual basis, existing home sales were at 4.06 million in 2024, down from 4.09 million in 2023, and the lowest level since 1995.

There is much more in the article.

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