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

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

Median Prices Down 11.3% from Peak in June 2022

CalculatedRisk by Bill McBride's avatar
CalculatedRisk by Bill McBride
Jan 20, 2023
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CalculatedRisk Newsletter
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NAR: Existing-Home Sales Decreased to 4.02 million SAAR in December
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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…

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