Looking at the numbers, still ugly with no end in sight

5.04mm sales are the fewest since record keeping began in 1999


Existing home sales came in at 5.04mm, down 8% m/m, -22.7% y/y
            -Single family homes were 4.38mm, down -8.6% m/m
            -Condos/Co-ops were 0.66mm, down -4.3% m/m,

Northeast sales were 0.9mm, down -10% m/m, -16.9% y/y
Midwest sales were 1.19mm, down -7%, -20.2% y/y
South sales were 2.05mm, down -6% m/m, -22.4% y/y
West sales were 0.91mm, down -9.9% m/m, -31.4% y/y

Total supply of existing homes now stands at 10.5 months
            -Single family supply is 10.2 months
            -Condo/Co-ops supply is 12.6 months

                                                Median                        Average
Total sales                                $211,700                       $257,800
            Single Family                $210,200                       $257,400
            Condos/Co-ops              $221,700                       $260,400
           
            Northeast                      $294,700 (+1.5%)          $261,700 (+0.5%)
            Midwest                        $203,900 (-1.0%)           $170,700 (+1.4%)
            South                            $217,900 (5.2%)            $174,400 (-5.5%)
            West                            $347,300 (-5.6%)           $308,900 (-8.8%)