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Sales of Existing Single-Family Homes Plunge to Lowest since 2010, Supply Hits 12-Year High, Condo Sales Plunge to Lowest in the Data, Supply Highest since 2011
Wolfstreet· 2026-11-13 04:30
The housing market just keeps getting worse. Sales in the West collapsed to the lowest since at least 1999, in the Midwest to 2011 lows, in the South to 2012 lows. Sales of existing single-family homes fell by another 5.8% in October from September, seasonally adjusted, and by 8.6% year-over-year, to an annual rate of 3.41 million, the lowest since October 2010, during the depth of the Housing Bust, according to data by the National Association of Realtors today.Sales were down by 29% from October 2019, by ...