Home sales ticked up for third straight month, but the market is still stuck in a deep slump
Yahoo Finance·2025-12-19 23:13

Home sales notched their third straight month of gains in November, though 2025 sales are likely to finish the year at a 30-year low. Existing home sales rose 0.5% from October to a seasonally adjusted annual rate of 4.13 million, according to National Association of Realtors data released on Friday. Lower mortgage rates were likely a boost: Homes sold in November typically went under contract during September or October, around when mortgage rates began holding steady near year-to-date lows of 6.2%. Lea ...