(AURN News) — The housing market continues to show signs of strain as new data indicate that sales remain sluggish.
The National Association of Realtors reported an 8.4% month-over-month decrease in existing-home sales in January. After seasonal adjustment, that equals an annual rate of 3.91 million homes sold. Compared with January 2025, existing-home sales declined 4.4%.
Home prices remain elevated. The average home sale price rose to $396,800.
Sales of single-family homes fell 9% in January compared with December. The median home price increased 0.6% from January 2025 to $400,300.
Regionally, the West saw the sharpest month-over-month decline, with sales down 10.3%.
Click play to listen to the AURN News report from Jamie Jackson:
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