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In July 2024, existing-home sales improved, breaking a streak of four consecutive monthly declines.

Three out of four major U.S. regions registered sales increases while the Midwest remained steady. Year-over-year, sales rose in the Northeast and West but retreated in the Midwest and South.

"Despite the modest gain, home sales are still sluggish," said NAR Chief Economist Lawrence Yun. "But consumers are definitely seeing more choices, and affordability is improving due to lower interest rates."

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 August 2024 will be released on Thursday, September 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.

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Existing-Home Sales for August 2024 will be released on Thursday, September 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.

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