- Prior was 4.02m
- Sales change -0.5% vs -5.9% prior
- Inventory at 4.4 months vs 4.0 prior
- Median prices at $414K, up 1.8% y/y
Sales bottomed in the 3.90m range in 2023 and 2024. With borrowing rates now well-above 7%, I suspect we’re headed back there.
This article was written by Adam Button at www.forexlive.com.
