The National Association of Realtors is reporting that existing home sales were up 1.2% in October, 2025 to a seasonally-adjusted annual rate of 4.1 million. Total housing inventory at the end of October was 1.52million units, down 0.7% from September but up 10.9% from one year ago. Unsold inventory sits at a 4.4-month supply at the current sales rate with properties remaining on the market for around 34 days. The median existing-home price for all housing types in October was $415,200 – the 28th consecutive month of year-over-year price increases. The NAR expects interest rates to continue to drop:
“Rents are decelerating which will reduce inflation and encourage the Federal Reserve to continue cutting rates and pulling back their quantitative tightening…This will help bring more homebuyers into the market since the Fed rate has an indirect impact on mortgage rates.” Said the NAR’s Chief Economist, Lawrence Yun.
Click here to read the full release at the National Association of Realtors.
