Daily Roundup of Key US Economic Data for Dec. 19

02:45 PM EST, 12/19/2025 (MT Newswires) -- Existing home sales rose to a 4.13 million seasonally adjusted annual rate in November from a 4.11 million rate in October but were still down 1% from the 4.17 million rate in November 2024.

Two of the four US regions posted month-over-month sales gains in November, with a decline in one region and one unchanged reading.

"Existing-home sales increased for the third straight month due to lower mortgage rates this autumn," said National Association of Realtors Chief Economist Lawrence Yun. "However, inventory growth is beginning to stall. With distressed property sales at historic lows and housing wealth at an all-time high, homeowners are in no rush to list their properties during the winter months."

Homes were on the market for 36 days on average, up from 34 days in the previous month and 32 days a year ago.

The supply of homes for sale fell to a 1.43 million level from 1.52 million in October but was up 7.5% from a year ago. The median sales price fell from October but was still up from a year earlier.

The University of Michigan consumer sentiment index for December was revised lower to 52.9 from the preliminary estimate of 53.3 but was still above November's reading of 51.0.

Michigan said that inflation expectations slowed in December but remained above the year-ago level.

The Kansas City Fed's services index rose to 3 in December from minus 7 in November. Other regional services data already released have indicated a continued contraction in the sector.

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