U.S. existing-home sales decreased 5.9% month-over-month and 2.4% year-overyear to a seasonally adjusted annual rate of 4.02 million units, according to the National Association of REALTORS® (NAR), as affordability challenges and economic uncertainty weigh on market activity. Sales were down month-overmonth in all four regions, with the West experiencing the largest decline, at 9.4%.

• Single Family Closed Sales were down 7.9 percent to 1,206.
• Townhouse-Condo Closed Sales were up 4.7 percent to 354.
• Adult Communities Closed Sales were down 18.0 percent to 41.

U.S. existing-home sales rebounded from the previous month, rising 4.2% to a seasonally adjusted annual rate of 4.26 million units, according to the National Association of REALTORS® (NAR). Economists polled by Reuters had forecast sales would fall to a rate of 3.95 million for the month. Purchase activity increased in the South and the West but decreased in the Northeast, while sales in the Midwest remained unchanged from one month earlier.

• Single Family Closed Sales were down 0.8 percent to 1,071.
• Townhouse-Condo Closed Sales were up 13.4 percent to 331.
• Adult Communities Closed Sales were down 38.8 percent to 30.

U.S. existing-home sales fell for the first time since September, slipping 4.9% month-over-month to a seasonally adjusted annual rate of 4.08 million units, according to the National Association of REALTORS® (NAR), as elevated home prices and higher interest rates continue to impact buyer activity. Despite the drop, sales were up 2% compared to the same period last year, marking the fourth consecutive monthly year-over-year increase.

• Single Family Closed Sales were down 4.2 percent to 888.
• Townhouse-Condo Closed Sales were up 0.9 percent to 235.
• Adult Communities Closed Sales were up 24.0 percent to 31.