![ExistingHomeSalesMarJunSepDec](https://yourbrokerjoseph.com/wp-content/uploads/2024/01/image-3.png)
Sales of existing homes slid 1% from November to December, though sales are expected to move higher this year. NAR’s Chief Economist, Lawrence Yun, explained that “mortgage rates are meaningfully lower compared to just two months ago, and more inventory is expected to appear on the market in upcoming months.”