Columbia SC Real Estate Market

Sept. 19, 2024

Columbia SC Real Estate Market Update

August 2024

U.S. existing-home sales increased for the first time in 5 months, as lower mortgage
rates and rising supply helped boost market activity. According to the National
Association of REALTORS® (NAR), sales of previously owned homes rose 1.3%
month-over-month to a seasonally adjusted annual rate of 3 ...

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Aug. 15, 2024

Columbia SC Real Estate Market Update

July 2024

U.S. existing home sales fell 5.4% month-over-month and 5.4% year-over-year to a
seasonally adjusted annual rate of 3.89 million units, with monthly sales down in all
four regions, according to the National Association of REALTORS® (NAR). Higher
mortgage rates, along with rising sales prices ...

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July 19, 2024

Columbia SC Real Estate Market Update

June 2024

U.S. existing-home sales declined for the third consecutive month, as higher
mortgage rates and rising sales prices hindered market activity during what has
traditionally been one of the busiest months of the year. According to the National
Association of REALTORS® (NAR), sales of previously owned homes dipped ...

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June 20, 2024

Columbia SC Real Estate Market Update

May 2024

U.S. existing-home sales fell for the second month in a row, sliding 1.9% monthover-
month and 1.9% year-over-year, according to the National Association of
REALTORS® (NAR), with sales down in all four regions of the country. Higher
borrowing costs and accelerating home prices continue to ...

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May 17, 2024

Columbia SC Real Estate Market Update

April 2024

U.S. existing-home sales recently fell from a one-year high, dropping 4.3% month-over-
month to a seasonally adjusted annual rate of 4.19 million, according to the
National Association of REALTORS® (NAR), as higher interest rates and rising sales
prices continue to keep some prospective buyers on ...

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April 19, 2024

Columbia SC Real Estate Market Update

March 2024

U.S. existing-home sales improved for the second month in a row, jumping 9.5% to
a seasonally adjusted annual rate of 4.38 million units, exceeding economists’
expectations and marking the largest monthly gain in a year, according to the
National Association of REALTORS®(NAR). The rebound ...

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March 19, 2024

Columbia SC Real Estate Market Update

February 2024

U.S. existing-home sales grew 3.1% month-over-month to a seasonally adjusted
annual rate of 4.00 million, exceeding economists’ expectations and marking the
strongest sales pace since August 2023, according to the National Association of
REALTORS® (NAR). Falling interest rates late last year, coupled with a recent ...

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Feb. 20, 2024

Columbia SC Real Estate Market Update

January 2024

U.S. existing-home sales slipped 1.0% month-over-month and were down 6.2%
year-over-year as of last measure, while pending sales jumped 8.3% from the
previous month, marking the largest gain since June 2020, according to the National
Association of REALTORS® (NAR). Mortgage rates have dropped significantly ...

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Jan. 16, 2024

Columbia SC Real Estate Market Update

December 2023

U.S. existing-home sales rose from a 13-year low, climbing 0.8% from the previous
month and breaking a five-month streak in which sales declined, according to the
National Association of REALTORS® (NAR). Despite the increase, sales were down
7.3% compared to the same period last year ...

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Dec. 29, 2023

Columbia SC Real Estate Market Update

November 2023

Low inventory, elevated sales prices, and decades-high interest rates continue to
weigh on the housing market, causing sales of existing homes to fall to their slowest
pace since August 2010. According to the National Association of REALTORS®
(NAR), U.S. existing-home sales declined 4.1% month-over-month and 14 ...

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