2020 Weekly Housing Market Monitor, November 16-19

Market Report provided by NAR

October existing home sales hit 6.85 million. the second all-time high level (tied with Feb 2006) since this series started in Jan 1999. The all-time high is 7.26 million in September 2005. Sales rose 4.3% from September’s level and up 26.6% year-over-year. Weekly Housing Market Monitor Year-to-date sales of 4.61 million have surpassed last year’s sales by 2.3%, with lost sales in the spring now fully recovered.