Selected Market & Economic Indicators

Existing Home Sales by Month National Market Dynamics since September 2021*

Annual Sales Volumes • 2019: 5,340,000 • 2020: 5,640,000 • 2021: 6,120,000 • 2022: 5,030,000

https://www.nar.realtor/research-and-statistics

546,000

550,000

526,000

525,000

513,000

499,000

500,000

503,000

474,000

463,000

456,000

450,000

428,000

454,000

400,000

371,000

352,000

350,000

327,000

352,000

325,000

300,000

The number of monthly sales saw an enormous decline in the second half of 2022, but began to rebound in early 2023. Sales volumes are typically affected by seasonal trends in supply and demand, as well as by changes in economic/market conditions.

271,000

250,000

231,000

200,000

* Data copyright, National Association of Realtors®. All rights reserved. Reprinted with permission. Existing Home Sales, not seasonally adjusted from Federal Reserve Bank of St. Louis; https://fred.stlouisfed.org/series/EXHOSLUSM495N. Data from sources deemed reliable, but may contain errors and subject to revision.

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