CalculatedRisk Newsletter • 14 implied HN points • 21 Feb 25
- Existing-home sales have decreased to 4.08 million in January, which is a drop of 4.9% from the previous month, but it's still a 2.0% increase compared to January 2024.
- The housing inventory is rising, reaching 1.18 million units, up 16.8% from last year, which shows there is more supply available than before the pandemic.
- Despite the drop in sales, this is the fourth consecutive month with year-over-year increases, suggesting some positive trends in the market.