National Real Estate Insights December 2024

U.S. Single-Family Home Sales by Year Annual National Sales Volumes since 1980*

Subprime bubble

6,000,000

Pandemic boom

According to preliminary calculations, 2023 saw the lowest number of home sales since the foreclosure crisis & great recession.

5,000,000

Foreclosure crisis

4,000,000

3,000,000

2,000,000

Sales volume is affected by buyer demand, as well as the supply of listings available to purchase.

1,000,000

0

*Data copyright, National Association of Realtors®. All rights reserved. Used with permission. Number of sales of existing single-family dwellings - does not include new-home sales or condo/co-op sales. All numbers approximate, may contain errors and subject to revision.

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