The National Association of Realtors is reporting that existing home sales were up 0.5% in November, 2025 to a seasonally-adjusted annual rate of 4.13 million. Total housing inventory at the end of November was 1.43 million units, down 5.9% from October but up 7.5% from one year ago. Unsold inventory sits at a 4.2-month supply at the current sales rate with properties remaining on the market for around 36 days. The median existing-home price for all housing types in November was $409,200 – the 29th consecutive month of year-over-year price increases. The NAR says inventory growth is stalling:
“Existing-home sales increased for the third straight month due to lower mortgage rates this autumn…However, inventory growth is beginning to stall. With distressed property sales at historic lows and housing wealth at an all-time high, homeowners are in no rush to list their properties during the winter months.” Said the NAR’s Chief Economist, Lawrence Yun.
Click here to read the full release at the National Association of Realtors.

