NAR Existing-Home Sales Report Shows 2.0% Increase In July
Washington, D.C., Aug. 21, 2025 (GLOBE NEWSWIRE)-- Existing-home sales increased by 2.0% in July, according to the National Association of REALTORS ® Existing-Home Sales Report. The Report supplies the genuine estate environment, consisting of agents and property buyers and sellers, with data on the level of home sales, cost, and inventory.
Month-over-month sales increased in the Northeast, South, and West, and fell in the Midwest. Year-over-year, sales increased in the South, Northeast, and Midwest, and fell in the West.
" The ever-so-slight improvement in housing price is inching up home sales," stated NAR Chief Economist Lawrence Yun. "Wage growth is now easily surpassing home cost development, and buyers have more choices. Condominium sales increased in the South area, where rates had been falling for the previous year."
" Near-zero growth in home costs recommends that roughly half the nation is experiencing cost decreases. Overall, homeowners are succeeding economically. Only 2% of sales were foreclosures or short sales - basically a historic low. The marketplace's health is supported by a cumulative 49% home price gratitude for a typical American property owner from pre-COVID July 2019 to July this year," Dr. Yun continued.
" Homebuyers remain in the very best position in more than 5 years to discover the best home and negotiate for a much better cost. Current stock is at its greatest since May 2020, during the COVID lockdown."
National Snapshot
Total Existing-Home Sales for July
- 2.0% boost in total existing-home sales [1] month-over-month to a seasonally changed annual rate of 4.01 million.
- 0.8% increase in sales year-over-year.
Inventory in July
- 1.55 million systems: Total housing stock [2], up 0.6% from June and increased 15.7% from July 2024 (1.34 million).
- 4.6-month supply of unsold inventory, below 4.
Washington, D.C., Aug. 21, 2025 (GLOBE NEWSWIRE)-- Existing-home sales increased by 2.0% in July, according to the National Association of REALTORS ® Existing-Home Sales Report. The Report supplies the genuine estate environment, consisting of agents and property buyers and sellers, with data on the level of home sales, cost, and inventory.
Month-over-month sales increased in the Northeast, South, and West, and fell in the Midwest. Year-over-year, sales increased in the South, Northeast, and Midwest, and fell in the West.
" The ever-so-slight improvement in housing price is inching up home sales," stated NAR Chief Economist Lawrence Yun. "Wage growth is now easily surpassing home cost development, and buyers have more choices. Condominium sales increased in the South area, where rates had been falling for the previous year."
" Near-zero growth in home costs recommends that roughly half the nation is experiencing cost decreases. Overall, homeowners are succeeding economically. Only 2% of sales were foreclosures or short sales - basically a historic low. The marketplace's health is supported by a cumulative 49% home price gratitude for a typical American property owner from pre-COVID July 2019 to July this year," Dr. Yun continued.
" Homebuyers remain in the very best position in more than 5 years to discover the best home and negotiate for a much better cost. Current stock is at its greatest since May 2020, during the COVID lockdown."
National Snapshot
Total Existing-Home Sales for July
- 2.0% boost in total existing-home sales [1] month-over-month to a seasonally changed annual rate of 4.01 million.
- 0.8% increase in sales year-over-year.
Inventory in July
- 1.55 million systems: Total housing stock [2], up 0.6% from June and increased 15.7% from July 2024 (1.34 million).
- 4.6-month supply of unsold inventory, below 4.