{"id":6751,"date":"2025-07-23T15:24:05","date_gmt":"2025-07-23T15:24:05","guid":{"rendered":"https:\/\/otetmarkets.com\/blog\/?p=6751"},"modified":"2025-07-23T15:25:34","modified_gmt":"2025-07-23T15:25:34","slug":"us-existing-home-sales-june-2025","status":"publish","type":"post","link":"https:\/\/otetmarkets.com\/blog\/news\/us-existing-home-sales-june-2025\/","title":{"rendered":"U.S. Existing-Home Sales Fall 2.7% in June to Multi-Month Low"},"content":{"rendered":"\n<h2 class=\"wp-block-heading\" id=\"h-key-takeaways\"><br><strong>\ud83d\udccc Key Takeaways<\/strong><\/h2>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>U.S. existing-home sales dropped 2.7% to 3.93M units<\/strong> in June 2025, missing expectations<\/li>\n\n\n\n<li><strong>Median home price hit $435,300<\/strong>, the highest June ever recorded<\/li>\n\n\n\n<li><strong>Single-family home sales fell 3%<\/strong>, condos\/co-ops stable<\/li>\n\n\n\n<li><strong>Sales fell across most regions<\/strong>, except the West<\/li>\n\n\n\n<li><strong>June pace marks lowest level since September 2024<\/strong><\/li>\n<\/ul>\n\n\n\n<figure class=\"wp-block-video\">\n  <a href=\"https:\/\/otetmarkets.com\/prblog\" target=\"_blank\">\n    <video height=\"500\" style=\"aspect-ratio: 1312 \/ 500;\" width=\"1312\" autoplay loop muted playsinline>\n      <source src=\"https:\/\/otetmarkets.com\/blog\/wp-content\/uploads\/2025\/04\/Otet-Banner-en-2.mp4\" type=\"video\/mp4\">\n      Your browser does not support the video tag.\n    <\/video>\n  <\/a>\n<\/figure>\n\n\n\n<h2 class=\"wp-block-heading\"><br><strong>\ud83d\udcc9 June Housing Market Snapshot<\/strong><\/h2>\n\n\n\n<figure class=\"wp-block-table\"><table class=\"has-fixed-layout\"><thead><tr><th>Metric<\/th><th>June 2025<\/th><th>May 2025 \/ Previous<\/th><\/tr><\/thead><tbody><tr><td>Existing-home sales (annual rate)<\/td><td>3.93M units<\/td><td>4.04M (-2.7%)<\/td><\/tr><tr><td>Market expectations<\/td><td><\/td><td>4.01M<\/td><\/tr><tr><td>Median home price<\/td><td>$435,300<\/td><td>\u2014<\/td><\/tr><tr><td>Single-family homes<\/td><td>3.57M units (-3%)<\/td><td>\u2014<\/td><\/tr><tr><td>Condos &amp; co-ops<\/td><td>0.36M units (\u2014)<\/td><td>\u2014<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<h3 class=\"wp-block-heading\"><br><strong>\ud83c\udfe0 June Decline in U.S. Existing-Home Sales<\/strong><\/h3>\n\n\n\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"482\" src=\"https:\/\/otetmarkets.com\/blog\/wp-content\/uploads\/2025\/07\/slider-photo-61-1024x482.webp\" alt=\"U.S. existing-home sales\" class=\"wp-image-6753\" srcset=\"https:\/\/otetmarkets.com\/blog\/wp-content\/uploads\/2025\/07\/slider-photo-61-1024x482.webp 1024w, https:\/\/otetmarkets.com\/blog\/wp-content\/uploads\/2025\/07\/slider-photo-61-300x141.webp 300w, https:\/\/otetmarkets.com\/blog\/wp-content\/uploads\/2025\/07\/slider-photo-61-768x361.webp 768w, https:\/\/otetmarkets.com\/blog\/wp-content\/uploads\/2025\/07\/slider-photo-61.webp 1312w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><\/figure>\n\n\n\n<p>U.S. existing-home sales fell <strong>2.7% to a 3.93\u202fmillion annualized rate<\/strong> in June 2025, falling short of the <strong>4.01\u202fmillion<\/strong> expected pace and marking the <strong>lowest level since September 2024<\/strong>. The drop reflects some <strong>cooling demand in the housing market<\/strong>, likely driven by affordability challenges and economic uncertainty.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><br><strong>\ud83d\udcb0 Record-High Median Prices<\/strong><\/h3>\n\n\n\n<p>Despite lower sales volume, the <strong>median home price reached a record-breaking $435,300 in June<\/strong>, marking the <strong>24th consecutive month of year-over-year gains<\/strong>. Prices have climbed steadily, putting pressure on buyers across income levels.<\/p>\n\n\n\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p><strong>Read More: <a href=\"https:\/\/otetmarkets.com\/blog\/news\/us-jobs-report-in-june\/\" target=\"_blank\" rel=\"noreferrer noopener\">US Jobs Report in June Beats Expectations<\/a><\/strong><\/p>\n<\/blockquote>\n\n\n\n<h2 class=\"wp-block-heading\"><br><strong>\ud83c\udfd8\ufe0f Breakdown by Home Type &amp; Region<\/strong><\/h2>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Single-family home sales<\/strong> dropped <strong>3% to 3.57 million units<\/strong><\/li>\n\n\n\n<li><strong>Condominiums and co-ops<\/strong> remained flat at <strong>360,000 units<\/strong><\/li>\n\n\n\n<li>Regional performance:\n<ul class=\"wp-block-list\">\n<li>Northeast: <strong>\u20138%<\/strong><\/li>\n\n\n\n<li>Midwest: <strong>\u20134%<\/strong><\/li>\n\n\n\n<li>South: <strong>\u20132.2%<\/strong><\/li>\n\n\n\n<li>West: <strong>+1.4%<\/strong>, the only region to see gains<\/li>\n<\/ul>\n<\/li>\n<\/ul>\n\n\n\n<h2 class=\"wp-block-heading\"><br><strong>\ud83d\udcca What It Means for Buyers &amp; Sellers<\/strong><\/h2>\n\n\n\n<ul class=\"wp-block-list\">\n<li>\ud83c\udfd8\ufe0f Lower sales volumes suggest buyers are <strong>hesitant amid high prices and interest rates<\/strong><\/li>\n\n\n\n<li>\ud83d\udcc8 Record prices add <strong>affordability pressure<\/strong> for first-time buyers<\/li>\n\n\n\n<li>\ud83c\udf0d Regional trends show <strong>strength in the West<\/strong>, while other areas soften<\/li>\n<\/ul>\n\n\n\n<p>The cooling in <strong>U.S. existing-home sales<\/strong> suggests a <strong>shifting housing landscape<\/strong>. Are you seeing signs of relief or continued hiking prices? Share your experiences, and explore more housing trend insights here.<\/p>\n\n\n\n<p><a href=\"https:\/\/tradingeconomics.com\/united-states\/existing-home-sales\" target=\"_blank\" rel=\"noopener\">Source<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>\ud83d\udccc Key Takeaways \ud83d\udcc9 June Housing Market Snapshot Metric June 2025 May 2025 \/ Previous Existing-home sales (annual rate) 3.93M units 4.04M (-2.7%) Market expectations 4.01M Median home price $435,300 \u2014 Single-family homes 3.57M units (-3%) \u2014 Condos &amp; co-ops 0.36M units (\u2014) \u2014 \ud83c\udfe0 June Decline in U.S. Existing-Home Sales U.S. existing-home sales fell [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":6752,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[24,2],"tags":[37],"class_list":["post-6751","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-global-economy-news","category-news","tag-financialnews"],"_links":{"self":[{"href":"https:\/\/otetmarkets.com\/blog\/wp-json\/wp\/v2\/posts\/6751","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/otetmarkets.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/otetmarkets.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/otetmarkets.com\/blog\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/otetmarkets.com\/blog\/wp-json\/wp\/v2\/comments?post=6751"}],"version-history":[{"count":2,"href":"https:\/\/otetmarkets.com\/blog\/wp-json\/wp\/v2\/posts\/6751\/revisions"}],"predecessor-version":[{"id":6756,"href":"https:\/\/otetmarkets.com\/blog\/wp-json\/wp\/v2\/posts\/6751\/revisions\/6756"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/otetmarkets.com\/blog\/wp-json\/wp\/v2\/media\/6752"}],"wp:attachment":[{"href":"https:\/\/otetmarkets.com\/blog\/wp-json\/wp\/v2\/media?parent=6751"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/otetmarkets.com\/blog\/wp-json\/wp\/v2\/categories?post=6751"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/otetmarkets.com\/blog\/wp-json\/wp\/v2\/tags?post=6751"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}