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Realtors report a ‘new housing crisis’ as January home sales tank more than 8%
Sales of previously owned homes in January dropped a wider-than-expected 8.4% from December.
The median price for a home sold in January was $396,800, up 0.9% year over year and the highest January price on record.
Inventory came down from December but was still up 3.4% year over year.
https://www.cnbc.com/2026/02/12/january-homes-sales.html?msockid=16669719cd336ae3057e819ccc0a6b99