U.S. existing-home sales unexpectedly rose 1.7% month-over-month to a seasonally adjusted annual rate of 4.09 million, as lower mortgage rates helped boost buyer activity, according to the National Association of REALTORS® (NAR). Monthly sales increased in the Midwest, South, and West but decreased in the Northeast. Sales increased year-over-year in the South, but fell in the Northeast, Midwest, and West.

• Single Family Closed Sales were down 7.1 percent to 1,001.
• Townhouse-Condo Closed Sales were down 1.8 percent to 325.
• Adult Communities Closed Sales were up 16.7 percent to 35.

Despite improving affordability conditions, U.S. existing-home sales declined 8.4% to a seasonally adjusted annual rate of 3.91 million, a 4.4% drop from one year earlier, according to the National Association of REALTORS® (NAR). The slowdown followed a 5.1% increase the previous month and modest gains throughout the fall. Sales retreated month-over-month and year-over-year in all four regions.

• Single Family Closed Sales were down 12.1 percent to 788.
• Townhouse-Condo Closed Sales were down 8.9 percent to 215.
• Adult Communities Closed Sales were down 9.7 percent to 28.

U.S. existing-home sales climbed 5.1% month-over-month and 1.4% year-overyear to a seasonally adjusted annual rate of 4.35 million units, the strongest pace in nearly three years, according to the National Association of REALTORS® (NAR). Lower mortgage rates and slower home price growth helped spur buyer activity, and sales increased month-over-month in every region. On an annual basis, sales rose in the South, held steady in the West and Midwest, and declined in the Northeast.

• Single Family Closed Sales were down 6.2 percent to 1,066.
• Townhouse-Condo Closed Sales were up 3.1 percent to 304.
• Adult Communities Closed Sales were down 5.3 percent to 36.
• Single Family Median Sales Price increased 1.6 percent to $625,000.