Existing-Home Sales Retreated 5.9% in July
Distressed sales [5] foreclosures and short sales represented approximately 1% of sales in July, essentially unchanged from June 2022 and July 2021.
- Distressed sales [5] foreclosures and short sales represented approximately 1% of sales in July, essentially unchanged from June 2022 and July 2021.
- NOTE: NARs Pending Home Sales Index for July is scheduled for release on August 24, and Existing-Home Sales for August will be released on September 21.
- NAR benchmarks home sales periodically using other sources to assess overall home sales trends, including sales not reported by MLSs.
- Historic comparisons for total home sales prior to 1999 are based on monthly single-family sales, combined with the corresponding quarterly sales rate for condos.