US Existing Home Sales Rise in September
Existing home sales in the United States rose 1.5% month-on-month to an annualized rate of 4.06 million in September 2025, the highest level in seven months, up from 4.0 million in August and slightly below market expectations of 4.1 million.
The increase was supported by lower mortgage rates and improving housing affordability. Sales of single-family homes went up1.7% to to a seasonally adjusted annual rate of 3.69 million while sales of condominiums and co-ops remained at 370,000 units.
Meanwhile, sales increased in the Northeast (2.1%), South (1.6%) and West (5.5%) but fell in the Midwest (-2.1%). Total housing inventory went up 1.3% to 1.55 million, representing 4.6-month supply of unsold inventory.
Median existing-home price for all housing types, increased 2.1% from one year ago to $415,200, marking the 27th consecutive month of annual price increases. Year-on-year, sales of existing homes went up 4.1%.
Source: Tradingeconomics.com
