14.01.202615:09:40UTC+00US Existing Home Sales Surge to Near 3-Year High

In December 2025, existing home sales in the United States experienced a notable surge, climbing by 5.1% from the prior month to reach an annualized rate of 4.35 million. This represents the most significant increase in nearly two years and achieves the highest level observed in almost three years, surpassing market expectations. This increase caused a sharp decline in inventory, which plummeted by 18.1% from the previous month to 1,180,000 units, equivalent to 3.3 months of supply based on the current sales pace. During the same period, the median price for existing homes slightly decreased to $405,400, reflecting a modest 0.4% rise from the previous year. Lawrence Yun, Chief Economist at the National Association of Realtors (NAR), commented, "2025 proved challenging for homebuyers, characterized by unprecedentedly high home prices and historically low sales volumes. However, the fourth quarter saw an improvement in conditions, marked by reduced mortgage rates and slower growth in home prices. This positive shift was widespread, with all four major regions showing monthly improvements."