National Real Estate Insights December 2024

U.S. Existing-Home Sales Longer-Term Market Dynamics since 2000*

12-Month Rolling Average

2005-2006

600000

The 12-month-rolling-average sales volume is the lowest since the post-2008 recession.

550000

Subprime bubble

Pandemic boom

The 12-month-rolling average is a very broad, simplified illustration of long-term trends, which may lag short- term changes . Each data point reflects the monthly average of the previous 12 months of sales.

500000

450000

2000

Market recession & foreclosure crisis

400000

350000

▲ 2010 Tax credit

300000

Updated through November 2024

250000

*Data copyright, National Association of Realtors®. All rights reserved. Used with permission. Existing Home Sales, not seasonally adjusted: single-family dwellings, condos, co-ops. Last month labeled “preliminary . ” Data from sources deemed reliable but may contain errors and subject to revision.

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