US housing market still ‘sluggish’ despite existing-home sales gains

Existing-home sales tallied a 1.3 percent uptick in July following four months of declines, according to NAR data released Thursday. However, market headwinds have kept sales sluggish compared to 2023.

Existing-home sales tallied a 1.3 percent uptick in July following four months of declines, according to NAR data released Thursday. However, market headwinds have kept sales sluggish compared to 2023. Existing-home sales tallied a 1.3 percent uptick in July following four months of declines, according to NAR data released Thursday. However, market headwinds have kept sales sluggish compared to 2023. 

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