Authored by Mary Prenon via The Epoch Times (emphasis ours),

Despite a slight 0.2 percent dip in national home sales in August, real estate professionals nationwide remain cautiously optimistic about the fall market, which officially began on Sept. 22.

In its September existing home sales report, published Sept. 25, the National Association of Realtors (NAR) described the August slip as a seasonally adjusted rate and noted that year over year, the U.S. housing market has experienced a 1.8 percent increase in sales.

The inventory remained basically unchanged from July, with a decline of just 1.3 percent. However, compared with August 2024, inventory rose by 11.7 percent.