U.S. existing-home sales improved for the second consecutive month, rising 4.8% to a seasonally adjusted annual rate of 4.15 million units, an eight-month high, according to the National Association of REALTORS® (NAR). Sales were up 6.1% compared to the same time last year, marking the largest year-over-year increase since June 2021. Economists had forecast existing-home sales would come in at an annual rate of 4.07 million units for the month.

• Single Family Closed Sales were up 8.6 percent to 1,535.
• Townhouse-Condo Closed Sales were up 23.3 percent to 397.
• Adult Communities Closed Sales were up 23.7 percent to 47.

U.S. existing-home sales rose 3.4% month-over-month and 2.9% year-over-year to a seasonally adjusted annual rate of 3.96 million units, exceeding economists’ expectations for the month and marking the first annual gain since July 2021, according to the National Association of REALTORS® (NAR). Lower mortgage rates in late summer and early fall helped sales increase across all four regions.

• Single Family Closed Sales were up 1.2 percent to 1,409.
• Townhouse-Condo Closed Sales were down 3.4 percent to 373.
• Adult Communities Closed Sales were down 22.0 percent to 32.

U.S. existing-home sales unexpectedly slipped 1.0% month-over-month and 3.5% year-over-year to a seasonally adjusted annual rate of 3.84 million, the lowest level in more than a decade, according to the National Association of REALTORS® (NAR). Prospective buyers have pulled back in recent months, despite lower mortgage rates and more home choices compared to the same time last year.

• Single Family Closed Sales were up 6.9 percent to 1,516.
• Townhouse-Condo Closed Sales were down 4.3 percent to 403.
• Adult Communities Closed Sales were up 5.9 percent to 54.