+3.4%
In October 2024, existing-home sales grew month-over-month in all four regions of the U.S. Year-over-year, sales rose in the Midwest, South, and West, and were unchanged in the Northeast.
According to NAR Chief Economist Lawrence Yun, "The worst of the downturn in home sales could be over, with increasing inventory leading to more transactions. Additional job gains and continued economic growth appear assured, resulting in growing housing demand."
The Existing-Home Sales data measures sales and prices of existing single-family homes for the nation overall, and gives breakdowns for the West, Midwest, South, and Northeast regions of the country. These figures include condos and co-ops, in addition to single-family homes.
Existing-Home Sales for November 2024 will be released on Thursday, December 19, 2024 at 10:00 a.m. Eastern.
Existing Home Sales data are provided by NAR solely for use as a reference. No part of this data may be reproduced, stored in a retrieval system, transmitted or redistributed in any form or by any means, electronic, mechanical, photocopying, recording or otherwise, without NAR's prior written consent for those who are not members of NAR.
Members of the media who need copies of previous months' existing-home sales news releases can contact the NAR media communications team at 202-383-7515.
Citation guidelines for NAR research and statistics
Existing-Home Sales for November 2024 will be released on Thursday, December 19, 2024 at 10:00 a.m. Eastern.
NAR Media Communications issues a news release close to mid-month with the latest existing-home sales figures. The releases include analysis and quotes by NAR's Chief Economist Lawrence Yun regarding the sales volume, prices, inventory and interest rates.
Share
