Thursday Nov 30th, 2023 Share
October 2023 Existing-Home Sales Fall to Lowest in 13 Years
By: Michael Hyman
NAR released a summary of existing home sales data showing that housing market activity this October declined 4.1% from September 2023. October’s existing home sales reached a 3.79 million seasonally adjusted annual rate. October’s sales of existing homes weakened 14.6% from October 2022.
The national median existing home price for all housing types reached $391,800 in October, up 3.4% from a year ago.
Regionally, in October,...
