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)

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.

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