U.S. existing-home sales increased for the first time in 5 months, as lower mortgage rates and rising supply helped boost market activity. According to the National Association of REALTORS® (NAR), sales of previously owned homes rose 1.3% month-over-month to a seasonally adjusted annual rate of 3.95 million units, exceeding economists’ expectations and ending the downward trend of recent months.

• Single Family Closed Sales were up 4.4 percent to 2,019.
• Townhouse-Condo Closed Sales were up 4.6 percent to 479.
• Adult Communities Closed Sales were down 20.6 percent to 50.

U.S. existing home sales fell 5.4% month-over-month and 5.4% year-over-year to a seasonally adjusted annual rate of 3.89 million units, with monthly sales down in all four regions, according to the National Association of REALTORS® (NAR). Higher mortgage rates, along with rising sales prices, have kept many prospective buyers on the sidelines, despite more home choices and less competition for those homes.

• Single Family Closed Sales were up 8.6 percent to 1,917.
• Townhouse-Condo Closed Sales were up 1.0 percent to 422.
• Adult Communities Closed Sales were up 3.9 percent to 53.

U.S. existing-home sales declined for the third consecutive month, as higher mortgage rates and rising sales prices hindered market activity during what has traditionally been one of the busiest months of the year. According to the National Association of REALTORS® (NAR), sales of previously owned homes dipped 0.7% month-over-month and 2.8% year-over-year, to a seasonally adjusted annual rate of 4.11 million units.

• Single Family Closed Sales were down 10.4 percent to 1,810.
• Townhouse-Condo Closed Sales were down 6.4 percent to 479.
• Adult Communities Closed Sales were down 6.4 percent to 44.