Columbia SC Real Estate Market

Dec. 19, 2024

Columbia SC Real Estate Market Update

November 2024

U.S. existing-home sales rose 3.4% month-over-month and 2.9% year-over-year to
a seasonally adjusted annual rate of 3.96 million units, exceeding economists’
expectations for the month and marking the first annual gain since July 2021,
according to the National Association of REALTORS® (NAR). Lower mortgage rates
in late …

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Nov. 19, 2024

Columbia SC Real Estate Market Update

October 2024

U.S. existing-home sales unexpectedly slipped 1.0% month-over-month and 3.5%
year-over-year to a seasonally adjusted annual rate of 3.84 million, the lowest level
in more than a decade, according to the National Association of REALTORS®
(NAR). Prospective buyers have pulled back in recent months, despite lower
mortgage rates …

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Oct. 18, 2024

Columbia SC Real Estate Market Update

September 2024

U.S. existing-home sales slid 2.5% month-over-month and 4.2% year-over-year to a
seasonally adjusted annual rate of 3.86 million units, according to the National
Association of REALTORS® (NAR). Meanwhile, home prices have continued to
reach record heights nationwide, with NAR reporting a median sales price of
$416,700 as …

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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 3.95 million …

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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, have kept many …

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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 weigh on …

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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 the sidelines. …

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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 in home sales …

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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 uptick
in …

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