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ALEX VEIGA
Fri, December 19, 2025 astatine 9:05 AM CST 1 min read
Sales of antecedently occupied U.S. homes roseate successful November from the erstwhile month, but slowed compared to a twelvemonth earlier for the archetypal clip since May contempt mean semipermanent owe rates holding adjacent their debased constituent for the year.
Existing location income roseate 0.5% successful past period from October to a seasonally adjusted yearly complaint of 4.13 cardinal units, the National Association of Realtors said Friday.
Sales fell 1% compared with November past year. The latest income fig came successful somewhat beneath the 4.14 cardinal gait economists were expecting, according to FactSet.
The nationalist median income terms accrued 1.2% successful past period from a twelvemonth earlier to $409,200. Home prices person risen connected an yearly ground for 29 months successful a row, adjacent arsenic the lodging marketplace has been mired successful a slump that began successful 2022 erstwhile owe rates began climbing from historical lows. Sales of antecedently occupied U.S. homes sank past twelvemonth to their lowest level successful astir 30 years.
Sales person been stuck astatine astir a 4-million yearly gait going backmost to 2023. That’s good abbreviated of the 5.2-million yearly gait that’s historically been the norm.
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