October 2023 Foot Traffic

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October 2023 Existing-Home Sales Fall to Lowest in 13 Years

NAR released a summary of existing-home sales data showing that housing market activity this October declined 4.1% from September 2023. October’s existing home sales reached a 3.79 million seasonally adjusted annual rate. October’s sales of existing homes weakened 14.6% from October 2022. " data-src

Existing-Home Sales Receded 4.1% in October

Key Highlights Existing-home sales descended 4.1% in October to a seasonally adjusted annual rate of 3.79 million. Sales slumped 14.6% from one year ago. The median existing-home sales price climbed 3.4% from one year ago to $391,800 – the fourth consecutive month of year-over-year price increases.