Existing-home sales are at the lowest level since 2010, down 18 of the last 20 months. Existing-home sales courtesy of the National Association of Realtors via the St. Louis FedThe National Association of Realtors® NAR® reports Existing-Home Sales Decreased 2.0% in September. The median existing-home sales price grew 2.8% from one year ago to $394,300, marking the third consecutive month of year-over-year price increases. Existing-Home Sales Month’s SupplySupply of homes just exceeded the November of 2022 high, up or steady for 7 consecutive months. Existing Home Sales Since 1969Existing-Home Sales courtesy of Trading EconomicsYes, This is a CrashExisting-home sales are down 37.5 percent in less than two years.

Source: Wall Street Journal October 19, 2023 23:28 UTC