Existing home sales in the United States experienced a notable decline in June 2025, with the indicator falling to -2.7%. This marks a significant shift from the growth seen in May 2025, when the sales indicator had reached a positive 1.0%. The data, reflecting month-over-month changes, showcases a stark downturn in the housing market's activity for this period.
The previous month's growth had suggested a potential upswing in the housing market, sparking hopes for a continuation of positive sales momentum. However, the abrupt drop in June challenges those optimistic expectations and raises questions about the underlying factors contributing to this decline.
Released on July 23, 2025, the updated data forces stakeholders to reassess the housing market's trajectory. Economists and investors alike are now tasked with determining whether this downturn is a temporary blip or indicative of a more sustained trend in the real estate sector.
