U.S. Real Estate Market Report – June 2025

U.S. Real Estate Market Report – June 2025

-Existing-home sales decreased 2.7% in June from May to a seasonally adjusted annual rate of 3.93 million, according to the National Association of Realtors.

-The median existing-home sales price for all housing types rose 2% to $435,300 from $426,900 in June 2024 – a record high for the month of June and the 24th consecutive month of year-over-year price increases.

-The inventory of unsold existing homes decreased 0.6% to 1.53 million units in June from May. It’s the equivalent of 4.7 months' supply at the current monthly sales pace.

📊 U.S. Housing Market Highlights – Sales of Previously Owned Homes:
✅Overall Sales: No change year-over-year from June 2024 (3.93 million).
✅Month-Over-Month: -2.7% from May to a seasonally adjusted annual rate of 3.93 million units in June.
✅Median Sales Price: +2% YOY to $435,300 (from $426,900 in June 2024) – a record high for the month of June. Marks 24 consecutive months of YOY price increases.
✅Median Days on the Market: 27 in June, unchanged from May, up from 22 days in June 2024.
✅Single-Family Home Sales: -3% vs. May; seasonally adjusted annual sales rate of 3.57 million units; up 0.6% from June 2024. Median sales price: $441,500 in June; +2% YOY.
✅Condominium Sales: No change vs. June; seasonally adjusted annual sales rate of 360,000 units;
-5.3% from June 2024. Median sales price: $374,500 in June; +0.8% YOY.

✅Regional Growth:
✔️West: +1.4% MoM; annual rate, 710,000; -4.1% YoY
Median Sales Price: $636,100; +1% YoY
✔️South: +2.2% MoM; annual rate, 1.81 million; +1.7% YoY
Median Sales Price: $374,500; +0.3% YoY
✔️Midwest: -4% MoM; annual rate, 950,000; +2.2% YoY
Median Sales Price: $337,600; +3.4% YoY
✔️Northeast: -8% MoM; annual rate, 460,000; -4.2% YoY
Median Sales Price: $543,300; +4.2% YoY

📈 Inventory of Unsold Existing Homes:
-1.53 million units: -0.6% from May and +15.9% from June 2024 (1.32 million units)
-4.7 month supply of unsold inventory: Up from 4.6 months in May and 4 months in June 2024.

👥 Who’s Buying?
✅Investors/second-home buyers: Purchased 14% of homes in June, down from 17% in May, and 16% in June 2024.
✅First-time buyers: Made 30% of sales, unchanged from May, up from 29% in June 2024.

👉 Read more, https://tinyurl.com/nar-june-2025

#usrealestate #housingmarketupdate #privatelending #privatelenders #privatemortgage #bridgelending #hardmoney #shorts

Видео U.S. Real Estate Market Report – June 2025 канала Myers Capital Virginia