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    Analysis

    February 23, 2023

    Existing Home Sales Down Again in January: NAR

    Written by David Schollaert

    Existing home sales declined for the 12th month in a row in January, according to the National Association of Realtors (NAR).

    All four major regions in the US registered year-over-year (YoY) drops, though sales were mixed month over month (MoM) among the four regions. The South and West regions registered increases MoM, while the East and Midwest declined, NAR said.

    David Schollaert

    David Schollaert is deputy editor-in-chief for Steel Market Update. David joined SMU after more than a decade in the metals and mining industry in a myriad of different roles. Much of his early experience and expertise were within the coverage and analysis of steel-making raw materials and served previously as senior editor of the CRU Prices Service. Most recently, however, before his return to market analysis, David held roles as a metals buyer and an operations manager for raw material suppliers. He can be contacted at david@steelmarketupdate.com or 724-720-1008.

    Read more from David Schollaert

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