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Prices for U.S. homes climbed last month despite slowing sales
Los Angeles Times
|December 23, 2025
Sales of previously occupied U.S. homes rose in November from the previous month, but slowed compared with a year earlier for the first time since May despite average long-term mortgage rates holding near their low point for the year.
AFFORDABILITY REMAINS a challenge for many aspiring homeowners, especially first-time buyers. Uncertainty over the nation's economy and job market is also keeping many would-be buyers on the sidelines.
Existing home sales rose 0.5% in the last month from October to a seasonally adjusted annual rate of 4.13 million units, the National Assn. of Realtors, or NAR, said Friday.
Sales fell 1% compared with November last year. The latest sales figure came in slightly below the 4.14-million pace that economists were expecting, according to FactSet.
Through the first 11 months of this year, home sales are down 0.5% compared with the same period last year.
"It's possible that 2025, unless December [sales] figures really improve, we may be technically slightly down from one year ago," said Lawrence Yun, NAR's chief economist.
Denne historien er fra December 23, 2025-utgaven av Los Angeles Times.
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