Existing-home sales climbed nationwide in December, according to the National Association of Realtors. Sales advanced in three major U.S. regions and slipped in the Midwest. Year-over-year, sales are still climbing in all four regions.
On an annual basis, existing-home sales (4.06 million) declined to the lowest level since 1995, while the median price reached a record high of $407,500 in 2024.
Total existing-home sales — completed transactions that include single-family homes, townhomes, condominiums and co-ops — were up 2.2 percent from November to a seasonally adjusted annual rate of 4.24 million in December. Year-over-year, sales swelled 9.3 percent (up from 3.88 million in December 2023).
“Home sales in the final months of the year showed solid recovery despite elevated Please log in to see the rest of this story.
