Single-Family Home Prices Barely up YoY, Condo Prices Fall, Highest Supply for Nov in Years, Sales at Housing Bust Levels

Sales of single-family homes that closed in November rose seasonally adjusted by 0.8% from October, but were down year-over-year by 0.8%, and by 22% from November 2019. At an annual rate of 3.75 million, sales were at Housing Bust levels.