(Left) Kevin Dietsch/Getty Images, (Right) Getty Images
- Full-year sales in 2023 hit 4.09 million units, the lowest mark since 1995.
- In December 2023, sales were 6.2% lower compared to December 2022.
- "The latest month's sales look to be the bottom before inevitably turning higher in the new year," NAR economist Lawrence Yun said.
The housing market is coming off its weakest year of home sales since 1995, according to data out Friday from the National Association of Realtors.
For the full 12 months, total existing home sales hit 4.09 million units, and sales were lower across all regions in the US year-over-year.