Existing-home sales dropped in January, as high mortgage rates and rising home prices continued to squeeze buyers, according to the National Association of Realtors (NAR). Existing-home sales fell 4.9 percent in January to a seasonally adjusted rate of 4.08 million.
Source: Inman News
Existing-home sales dip in January but maintain annual growth
Published in existing home inventory, existing home sales report, existing homes, existing-home sales, First American Financial Corp., freddie mac, high mortgage rates, home inventory, homebuying, homeselling, housing affordability, inventory levels, lawrence yun, Markets & Economy, median price of existing homes, midwest, mortgage rates, NAR, NAR chief economist Lawrence Yun, nashville, national association of realtors, National Association of Realtors (NAR), New home construction, News Brief, northeast, Odeta Kushi, Realtors Confidence Index, Select, south, Spring rebound, sunbelt and west
More from existing home inventoryMore posts in existing home inventory »
More from existing home sales reportMore posts in existing home sales report »
- NAR sees existing-home sales rise ‘ever so slightly’ in July
- Existing-home sales slip again in April even as inventory improves
- Existing-home sales fall to slowest pace since 2009 amid rising costs
- Existing-home sales take a U-turn following 2 straight months of gains
- Existing-home sales continue to rise for fifth consecutive month: NAR
More from existing homesMore posts in existing homes »
More from existing-home salesMore posts in existing-home sales »
- 8M reasons to focus: A data-driven Q4 reality check for real estate
- More homes sold. Lower rates. Lower inflation. Where Fannie Mae expects the market to move
- Existing-home sales gain momentum in September amid falling mortgage rates
- Discounts, lower mortgage rates give homebuyers deals this fall
- Is fall the new spring? Market winds may be shifting, NAR says
More from First American Financial Corp.More posts in First American Financial Corp. »
- High-net-worths find safe harbor in real estate: Sotheby’s Realty
- Ex-First American CEO entitled to $18M following cruise ship brawl
- First American CEO Ken DeGiorgio terminated, new CEO named
- First American CEO accused of choking barefoot cruise passenger
- Home prices hit new highs in 2024. These 2 factors could ease the pain
More from freddie macMore posts in freddie mac »
- Pulte refers a 4th Democrat, Rep. Eric Swalwell, for mortage fraud
- FICO scores, magic phrases, earnings digs: Inman Top 5
- Homebuilders’ rate buydowns are leaving buyers underwater: WSJ
- Mortgage giants ‘very close’ to accepting new FICO score
- Trump’s 50-year mortgage is ‘a big nothingburger’ for homebuyers
More from high mortgage ratesMore posts in high mortgage rates »
More from home inventoryMore posts in home inventory »
- What does it cost to buy into luxury real estate?
- Is fall the new spring? Market winds may be shifting, NAR says
- Buyer’s market now in doubt as new listings tank 7.3%
- Here’s how strategic homesellers can find success in a shifting market if they start planning early
- It’s a higher-for-longer world, and we’re just living in it: Economist
More from homebuyingMore posts in homebuying »
More from homesellingMore posts in homeselling »
- NAR scores a victory in buyer commission lawsuit
- Brandi Marshall on ‘Selling the OC’ stardom, feuds and a brutal real estate market
- Sign, show and sell: The open house playbook that actually works
- New Opendoor CEO’s plan: ‘Buy more good homes and get more good sellers through our funnel’
- Pending home sales remain stuck in the mud in September
More from housing affordabilityMore posts in housing affordability »
- What is a 50-year mortgage? The pros and cons of Trump’s proposal
- Veterans have been ‘priced out,’ left behind by the housing market
- Trump’s 50-year mortgage is ‘a big nothingburger’ for homebuyers
- Former Coldwell Banker CEO on affordability and ‘purple’ policies
- Which US cities are the most house poor? (And which are the least?)
More from inventory levelsMore posts in inventory levels »
- Discounts, lower mortgage rates give homebuyers deals this fall
- Tensions run high as buyers and sellers battle for ‘the driver’s seat’
- Pending home sales jumped 4% in August in positive market signal
- The best time to buy a home in 2025: What agents need to know
- Does this new housing data foreshadow a recession?
More from lawrence yunMore posts in lawrence yun »
- NAR economist predicts post-shutdown real estate ‘boom’
- Northeast sees strongest price gains in Q3 as median single-family home price hits $426,800
- Pending home sales remain stuck in the mud in September
- Existing-home sales gain momentum in September amid falling mortgage rates
- Pending home sales jumped 4% in August in positive market signal
More from Markets & EconomyMore posts in Markets & Economy »
- ‘He didn’t even say he was sorry’: Brooklyn investor gets prison time for 12-year deed fraud scheme
- How to help senior real estate clients right-size with confidence
- Welcome to the Senior Class: Downsizing with a home equity conversion mortgage
- Why independent brokerages matter more than ever amid real estate consolidation
- What is a 50-year mortgage? The pros and cons of Trump’s proposal
More from median price of existing homesMore posts in median price of existing homes »
More from midwestMore posts in midwest »
- The inventory surge is sputtering. See how your market stacks up
- Northeast sees strongest price gains in Q3 as median single-family home price hits $426,800
- Pending home sales remain stuck in the mud in September
- Existing-home sales gain momentum in September amid falling mortgage rates
- Starter homes see bigger price cuts than luxury listings
More from mortgage ratesMore posts in mortgage rates »
- NAR economist predicts post-shutdown real estate ‘boom’
- Homebuying off to strongest November start since 2022
- Veterans have been ‘priced out,’ left behind by the housing market
- Housing recession? K-shaped trends? The dollars and ‘sense’ of today’s economy
- AI helps UWM seize the day, make the most loans in 4 years in Q3
More from NARMore posts in NAR »
More from NAR chief economist Lawrence YunMore posts in NAR chief economist Lawrence Yun »
- Northeast sees strongest price gains in Q3 as median single-family home price hits $426,800
- Pending home sales remain stuck in the mud in September
- Existing-home sales gain momentum in September amid falling mortgage rates
- Pending home sales jumped 4% in August in positive market signal
- Is fall the new spring? Market winds may be shifting, NAR says
More from nashvilleMore posts in nashville »
- Inman is celebrating 30 years of community, and you’re invited
- From Vegas to venture capital: Navigating the uncertain path of the proptech founder
- Why multifamily occupancy and rent growth rise or fall
- The anatomy of a viral real estate post (that also gets you clients)
- This real estate agent faked it ’til she made it. Social media paved the way
More from national association of realtorsMore posts in national association of realtors »
More from National Association of Realtors (NAR)More posts in National Association of Realtors (NAR) »
- NAR scores a victory in buyer commission lawsuit
- American Real Estate Association hires Mary-Frances Coleman as inaugural executive director
- Northeast sees strongest price gains in Q3 as median single-family home price hits $426,800
- Is the housing market in the midst of a recession? Treasury Secretary Scott Bessent thinks so
- Pending home sales remain stuck in the mud in September
More from New home constructionMore posts in New home construction »
More from News BriefMore posts in News Brief »
- HUD shifts homeless policy away from providing permanent housing
- NAR scores a victory in buyer commission lawsuit
- Redfin site fluke exposed past users’ data on listing contact forms
- Brown Harris Stevens names Halstead heir as its chief strategy officer (EXCLUSIVE)
- Zillow hit with new class-action suit over alleged broker kickbacks
More from northeastMore posts in northeast »
- Northeast sees strongest price gains in Q3 as median single-family home price hits $426,800
- Heard of a K-shaped economy? You’re living in it now
- Pending home sales remain stuck in the mud in September
- Existing-home sales gain momentum in September amid falling mortgage rates
- Starter homes see bigger price cuts than luxury listings
More from Odeta KushiMore posts in Odeta Kushi »
- Does this new housing data foreshadow a recession?
- ‘Construction is in a funk’: Homebuilding improves, but inventory issues remain
- Single-family permits and starts reach 11-month low in June
- High-net-worths find safe harbor in real estate: Sotheby’s Realty
- Housing starts plunge 10% in May to lowest level since 2020
More from Realtors Confidence IndexMore posts in Realtors Confidence Index »
More from SelectMore posts in Select »
- HUD shifts homeless policy away from providing permanent housing
- Pulte refers a 4th Democrat, Rep. Eric Swalwell, for mortage fraud
- RateMyAgent and Curated Social merge to form Renowned platform
- ‘He didn’t even say he was sorry’: Brooklyn investor gets prison time for 12-year deed fraud scheme
- NAR scores a victory in buyer commission lawsuit
More from southMore posts in south »
- Homebuilders’ rate buydowns are leaving buyers underwater: WSJ
- Northeast sees strongest price gains in Q3 as median single-family home price hits $426,800
- Pending home sales remain stuck in the mud in September
- Existing-home sales gain momentum in September amid falling mortgage rates
- Starter homes see bigger price cuts than luxury listings
More from sunbeltMore posts in sunbelt »
More from westMore posts in west »
- Northeast sees strongest price gains in Q3 as median single-family home price hits $426,800
- Pending home sales remain stuck in the mud in September
- Starter homes see bigger price cuts than luxury listings
- Navigating the fall 2025 housing market: A guide for real estate agents
- Pending home sales jumped 4% in August in positive market signal
Be First to Comment