Utah ended 2024 with home sales increasing nearly 7% compared to 2023. The final three months of the year had the highest gains with sales up 15% for the fourth quarter. Sales rose about 13% in December alone.
"Home sales in the final months of the year showed solid recovery despite elevated mortgage rates," said NAR Chief Economist Lawrence Yun in a press release about U.S. existing home sales. "Home sales during the winter are typically softer than the spring and summer, but momentum is rising with sales climbing year-over-year for three straight months. Consumers clearly understand the long-term benefits of homeownership. Job and wage gains, along with increased inventory, are positively impacting the market."
Monday, Feb. 3, is the last day to register for REALTOR® Day at the Legislature. Join us on Feb. 10 from 11 a.m.-2 p.m. at the Little America Hotel to learn about this year's legislative bills that affect real estate. We've invited the Legislature to join us for lunch, and Lt. Gov. Deidre Henderson and other Utah public officials will be speaking. There will be three CORE real estate C.E. credits. Register now: utahassociationofrealtors.regfox.com/realtor-day-at-the-legislature-2025... See MoreSee Less
Utah Association of Realtors
4 days ago
Utah ended 2024 with home sales increasing nearly 7% compared to 2023. The final three months of the year had the highest gains with sales up 15% for the fourth quarter. Sales rose about 13% in December alone.
"Home sales in the final months of the year showed solid recovery despite elevated mortgage rates," said NAR Chief Economist Lawrence Yun in a press release about U.S. existing home sales. "Home sales during the winter are typically softer than the spring and summer, but momentum is rising with sales climbing year-over-year for three straight months. Consumers clearly understand the long-term benefits of homeownership. Job and wage gains, along with increased inventory, are positively impacting the market."
Utah housing statistics for REALTOR members: utahrealtors.com/realtors/market-statistics/
Utah housing statistics for the public: utahrealtors.com/consumers/resources/statistics/ ... See MoreSee Less
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Utah Association of Realtors
4 days ago
Monday, Feb. 3, is the last day to register for REALTOR® Day at the Legislature. Join us on Feb. 10 from 11 a.m.-2 p.m. at the Little America Hotel to learn about this year's legislative bills that affect real estate. We've invited the Legislature to join us for lunch, and Lt. Gov. Deidre Henderson and other Utah public officials will be speaking. There will be three CORE real estate C.E. credits. Register now: utahassociationofrealtors.regfox.com/realtor-day-at-the-legislature-2025 ... See MoreSee Less
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I have to have a surgical procedure done that day. How do I get a refund if that is possible?
Utah Association of Realtors
7 days ago
This event fills up quickly! Make sure to register here: utahassociationofrealtors.regfox.com/realtor-day-at-the-legislature-2025 ... See MoreSee Less
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