The Existing‑Home Sales data from the National Association of Realtors tracks the monthly sales volume, prices, and inventory of previously owned single‑family homes, condos, and co‑ops across the US It shows recent trends such as rising sales rates and regional variations, with December 2025 sales reaching the strongest level in nearly three years and price growth moderating in some markets.
The report highlights ongoing challenges for buyers, including historically high prices and limited inventory, but also points to improvements tied to lower mortgage rates and broader market conditions. NAR writes:
Existing-home sales increased by 1.7% month-over-month in February, according to the National Association of REALTORS® Existing-Home Sales Report. The report provides the real estate ecosystem—including agents, homebuyers and sellers—with data on the level of home sales, price, and inventory.
Month-over-month sales rose in the Midwest, South and West, and fell in the Northeast. Year-over-year sales rose in the South and fell in the Northeast, Midwest and West.
Affordability improved for the eighth consecutive month, according to NAR’s Housing Affordability Index—increasing to 117.6 in February from 117.1 in January and 103.1 a year ago. This marks the highest level since March 2022.
Month-Over-Month
- 1.7% increase in existing-home sales—seasonally adjusted annual rate of 4.09 million in February
- 2.4% increase in unsold inventory—1.29 million units equal to 3.8 months’ supply
Year-Over-Year
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1.4% decrease in existing-home sales
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0.3% increase in median existing-home sales price to $398,000
Mortgage Rates
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6.05%: The average 30-year fixed-rate mortgage in February, according to Freddie Mac, down from 6.10% in January and 6.84% one year ago.
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