U.S. sales of existing homes rose 1.2% from the previous month to a seasonally adjusted annual rate of 4.10 million, according to the National Association of REALTORS® (NAR), as buyers took advantage of lower mortgage rates this fall. Sales increased in the Midwest and South, held steady in the Northeast, and edged down in the West. Year-over-year, sales were up 1.7%, with gains in the Northeast, Midwest, and South, while the West posted a decline.

• Single Family Closed Sales were down 6.6 percent to 1,288.
• Townhouse-Condo Closed Sales were down 9.8 percent to 313.
• Adult Communities Closed Sales were up 40.5 percent to 52.

U.S. existing-home sales climbed 1.5% month-over-month and 4.1% year-overyear, reaching a seasonally adjusted annual rate of 4.06 million units, according to the National Association of REALTORS® (NAR). The increase was partly driven by falling mortgage rates, which recently hit their lowest level in more than a year. Regionally, monthly sales advanced in the Northeast, South, and West, while the Midwest experienced a slight decline.

• Single Family Closed Sales were up 2.9 percent to 1,512.
• Townhouse-Condo Closed Sales were up 11.7 percent to 428.
• Adult Communities Closed Sales were up 5.9 percent to 54.

U.S. existing-home sales were virtually unchanged from the previous month, dipping just 0.2% to a seasonally adjusted annual rate of 4.0 million units, according to the National Association of REALTORS® (NAR). Most of these transactions went under contract in June and July, when mortgage rates were 40 to 50 basis points higher than current levels. Year-over-year, sales increased 1.8%, with the strongest activity occurring in the Midwest, where the typical home price is 22% below the national median.

• Single Family Closed Sales were up 8.5 percent to 1,557.
• Townhouse-Condo Closed Sales were up 12.2 percent to 413.
• Adult Communities Closed Sales were up 31.4 percent to 46.