Existing sales fell 4.1 percent in October to an annual rate of 3.79 million, the lowest since 2010, according to data from NAR. Nonetheless, multiple offers are still happening, economist Lawrence Yun said.
Source: Inman News
Existing-home sales fall to 13-year low despite strong buyer demand
More from AgentMore posts in Agent »
- This team is jumping on the private listing platform trend (EXCLUSIVE)
- Redfin on 2026: Affordability improves, sales rise only slightly
- Dual licensing is on the rise. Is it the right move for your business?
- Future-proof your digital footprint for 2026 (and beyond)
- Change strategy as the market shifts to win the listings long game
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 »
- October was another slow month for pending home sales
- Tailwinds pull October existing-home sales up 1.2%
- 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
More from Markets & EconomyMore posts in Markets & Economy »
- Dual licensing is on the rise. Is it the right move for your business?
- Change strategy as the market shifts to win the listings long game
- Shutdown blip, or worrying trend? Agent pipelines thin in November
- Homebuyers came out in force last week, and rates are trending down
- October was another slow month for pending home sales
More from NARMore posts in NAR »
More from SelectMore posts in Select »
- This team is jumping on the private listing platform trend (EXCLUSIVE)
- Redfin on 2026: Affordability improves, sales rise only slightly
- Dual licensing is on the rise. Is it the right move for your business?
- Future-proof your digital footprint for 2026 (and beyond)
- Change strategy as the market shifts to win the listings long game
Be First to Comment