by Calculated Danger on 7/23/2025 10:53:00 AM
At this time, within the CalculatedRisk Actual Property E-newsletter: NAR: Current-House Gross sales Decreased to three.93 million SAAR in June; Unchanged YoY
Excerpt:
Gross sales in June (3.93 million SAAR) had been down 2.7% from the earlier month and had been unchanged in comparison with the June 2024 gross sales fee. This was the fifth consecutive month with gross sales unchanged or down year-over-year. … The gross sales fee was beneath the consensus forecast (however proper at housing economist Tom Lawler’s estimate).
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Gross sales Yr-over-Yr and Not Seasonally Adjusted (NSA)The fourth graph exhibits current residence gross sales by month for 2024 and 2025.
Gross sales had been unchanged year-over-year in comparison with June 2024. This was the fifth consecutive month with gross sales unchanged or down year-over-year. The following three months will even have the simple year-over-year comparisons.
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On an NSA foundation for the month of June, this was 7% beneath the low for housing bust for the month of June that occurred in June 2008. Yr-to-date, gross sales are down 1.5% NSA.
There may be rather more within the article.
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