Market Update for October 2025
U.S. existing-home sales rose 1.5% month-over-month and 4.1% year-over-year, reaching a seasonally adjusted annual rate of 4.06 million units, according to the National Association of REALTORS® (NAR). The uptick was supported by a drop in mortgage rates, now at their lowest level in over a year. Regionally, sales grew in the Northeast, South, and West, while the Midwest saw a slight decline. In the Chattanooga …
