Weighed down by low inventory and high mortgage rates, existing-home sales fell in July, to 4.07 million — or 16.6 percent lower than a year earlier, according to data from the National Association of Realtors.
Source: Inman News
Existing-home sales fall in July as low inventory, high rates take toll
More from danielle haleMore posts in danielle hale »
- 48% of Americans blame investors for ‘unreasonable’ housing costs
- ‘Not a shift, a transition,’ 2 reports say of homebuying market
- Here are the markets where homebuyers have the upper hand
- More than one-quarter of US homes are exposed to severe climate risk
- Homesellers are delisting their homes instead of dropping prices
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 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 NARMore posts in NAR »
More from national association of realtorsMore posts in national association of realtors »
More from realtor.comMore posts in realtor.com »
- Inman is celebrating 30 years of community, and you’re invited
- Stop freaking out about 50-year mortgages. They might save the housing market
- The inventory surge is sputtering. See how your market stacks up
- Realtor.com puts ‘spotlight’ on listing agents with new feature
- Price cuts and concessions: Here’s how to prepare homeowners for the reality of selling a home today
More from SelectMore posts in Select »
- Dawn of a new era: Here’s how NAR says it’s changing for its members
- 5 copy-and-paste direct-mail campaigns that will fuel your best year ever in 2026
- 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
Be First to Comment