Full CoverageThe housing market is in the absolute dumps
By Emily Peck
By the numbers
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Formerly Twitter
National Association of REALTORS®
nardotrealtor
Pending home sales increased by 1.8% in May from the prior month and 1.1% year-over-year. All four U.S. regions experienced month-over-month increases – most notably the West. www.nar.realtor/newsroom/nar-pending-home-sales-report-reveals-1-8-increase-in-may
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Nick Gerli
nickgerli1
No one is buying new homes that are under construction or permitted.
Months of supply for both is sitting between 15-20 months, which is basically the highest on record.
Meanwhile - completed spec houses have a decent sales pace of 3.6 months.
Meaning extremely weak demand in pic.x.com/VsH8oHP9i5
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Nick Gerli
nickgerli1
The housing downturn is broadening.
With over 60% of U.S. counties experiencing monthly home value declines in May 2025.
That's one of the highest percentages going back almost 3 decades.
The only other two times in the last three decades when this many counties reported a pic.x.com/v53ZlqjRpo
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Lance Lambert
NewsLambert
Monthly U.S. new single-family home sales
This is the raw data—without seasonal adjustment
Table via @ResidentialClub pic.x.com/UlQofiNKZ4
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All coverage
May home sales were the slowest in 16 years, but these SC waterfront areas went against the current
By Teri Errico Griffis
Home sales just posted their slowest May in 16 years
By Laurel Wamsley
Existing-Home Sales Dip Edge Higher to 4.03M in May as Months Supply Ticks Up Further
By Danielle E. Hale
Pending home sales rise; Economy posts sharper contraction in first quarter; Durable goods orders surge
By Lou Hirsh
New Real-Estate Math: Half a Million More Sellers Than Buyers
By Nicole Friedman
Pending sales defy expectations, spark hope for a rebound
By Dave Gallagher
Housing Rebound or Head Fake? Why One Surprising Jump Has Wall Street Watching Closely
By Phu Nguyen Van
New Home Sales Sink In May, Supply Hits Three-Year High As Trump Tariffs Strain Market
By Chris Spiker
Home sales remain sluggish as some ‘stubborn sellers’ refuse to give in on price
By Aarthi Swaminathan
Housing Market 'Frozen': J.P. Morgan Reports
By Jim Duplessis
US May pending home sales +1.8% vs +0.1% expected
By Adam Button
Increased Inventory Changes Real Estate Market
By Tim Guidera
Just 28% of Homes Are Selling Above Asking Price, The Lowest Springtime Level Since 2020
By Dana Anderson
Home Sales Rose in May, but Housing Market Is Still Sluggish
By Nicole Friedman
Home sales rose slightly in May, but high mortgage rates are still hurting the market
By Claire Boston
New-home sales plunge to a 7-month low as buyers struggle with high prices
By Aarthi Swaminathan