NAR: Existing-Home Sales Decreased to 4.02 million SAAR in December

Median Prices Down 11.3% from Peak in June 2022

From the NAR: Existing-Home Sales Receded 1.5% in December

Existing-home sales retreated for the eleventh consecutive month in December, according to the National Association of Realtors®. Three of the four major U.S. regions recorded month-over-month drops, while sales in the West were unchanged. All regions experienced year-over-year declines.

Total exi…