Present-Residence Gross sales Elevated to 4.01 million SAAR in July; Up 0.8% YoY

by Calculated Danger on 8/21/2025 10:50:00 AM

Right now, within the CalculatedRisk Actual Property Publication: NAR: Present-Residence Gross sales Elevated to 4.01 million SAAR in July; Up 0.8% YoY

Excerpt:

On costs, the NAR reported:

• $422,400: Median existing-home worth for all housing varieties, up 0.2% from one 12 months in the past ($421,400) – the twenty fifth consecutive month of year-over-year worth will increase.

Median costs are distorted by the combo (repeat gross sales indexes like Case-Shiller and FHFA are most likely higher for measuring costs).

The YoY change within the median worth peaked at 25.2% for this cycle in Could 2021 and bottomed at -3.0% in Could 2023. Costs at the moment are up 0.2% YoY.

On a month-over-month foundation, median costs decreased 2.4% from the height in June. That is greater than the conventional seasonal lower within the median worth for July. Sometimes, the NAR median worth will increase within the Spring, and tends to peak seasonally within the June report. The median worth will probably decline till early 2026.

The median worth tends to steer the Case-Shiller index, and this means a decrease YoY improve within the Case-Shiller index as in Could over the following couple of months.

There’s way more within the article.