"Housing demand remains strong as buyers likely want to secure a home before mortgage rates increase even further next year." "Some improvement in supply during prior months helped nudge up sales in September," says Lawrence Yun, NAR's chief economist. This marks a 2.3% decrease in sales from one year ago. Total existing home sales, including single-family homes, townhomes, condominiums, and co-ops, rose by 7% from August to September, up to a seasonally adjusted annual rate of 6.29 million in September. regions, according to the National Association of Realtors. After falling by 2% in the previous month, existing home sales rebounded in September, with month-over-month gains recorded in all four major U.S.
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