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U.S. Existing Home Sales Fall 3.6% in March to 3.98 Million

U.S. Existing Home Sales Fall 3.6% in March to 3.98 Million

The decline brought the seasonally adjusted annual rate to its lowest level since June 2025, according to the source, signaling a weaker start to the spring housing market.

Fact Check
The claim is strongly supported by the official National Association of REALTORS source, "NAR Existing-Home Sales Report Shows 3.6% Decrease in March," which matches the central figures: a 3.6% decline and a seasonally adjusted annual rate of 3.98 million. Corroboration from the Associated Press article at WTOP repeats the same numbers and explicitly says this marked the slowest pace in nine months, which is consistent with the statement that it was the lowest level since June 2025. The wording about a weaker start to the spring housing market is also supported by the WTOP/AP report.
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Terms & Concepts
  • Seasonally adjusted annual rate: A metric that adjusts monthly data for seasonal patterns and expresses it as an annualized pace.
  • Month over month (MoM): A comparison of data from one month to the previous month to show short-term changes.