Weekly Market Observations - November 27, 2024

Here’s Our Weekly Market Observations :

Existing single-family home sales are up 3.4% in October and 2.9% YOY

Home sales prices increased 4% YOY to $407,200

Housing inventory increased from 3.6 months to 4.2 months YOY

Average 30-year fixed mortgage remains flat at 6.78%