Today, in the CalculatedRisk Real Estate Newsletter:
NAR: Existing-Home Sales Increased to 4.00 million SAAR in January
Excerpt:
Sales Year-over-Year and Not Seasonally Adjusted (NSA)
The fourth graph shows existing home sales by month for 2023 and 2024.
Sales declined 1.7% year-over-year compared to January. This was the twenty-ninth consecutive month with sales down year-over-year. This was just above the cycle low of 3.85 million SAAR in October 2023.
There is much more in the article.
