US existing home sales fell -34% y-o-y in December
U.S. existing home sales (i.e. sales when a contract is closed) fell -1.5% from November and -34% year-over-year to a seasonally adjusted annual rate of 4.02 million in December, the lowest level since November 2010. Home resales, which account for a significant share of U.S. housing sales, were down -34.0% on a year-on-year in December.
December marked the 11th consecutive month of home sales decrease --and the longest such stretch since 1999, as indicated in the National Association of Realtors data. For the year 2022, sales plunged -17.8%, biggest annual decrease since 2008, as last year’s rising interest rate environment dampened residential real estate market.
The median existing-home sales price rose +2.3% from a year ago to $366,900.
IYR in upward trend: price expected to rise as it breaks its lower Bollinger Band on June 01, 2026
IYR may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options. In of 37 cases where IYR's price broke its lower Bollinger Band, its price rose further in the following month. The odds of a continued upward trend are .
Technical Analysis (Indicators)
Bullish Trend Analysis
The Stochastic Oscillator suggests the stock price trend may be in a reversal from a downward trend to an upward trend. of 60 cases where IYR's Stochastic Oscillator exited the oversold zone resulted in an increase in price. Tickeron's analysis proposes that the odds of a continued upward trend are .
The Momentum Indicator moved above the 0 level on June 23, 2026. You may want to consider a long position or call options on IYR as a result. In of 81 past instances where the momentum indicator moved above 0, the stock continued to climb. The odds of a continued upward trend are .
IYR moved above its 50-day moving average on June 22, 2026 date and that indicates a change from a downward trend to an upward trend.
Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where IYR advanced for three days, in of 322 cases, the price rose further within the following month. The odds of a continued upward trend are .
Bearish Trend Analysis
The Moving Average Convergence Divergence Histogram (MACD) for IYR turned negative on June 18, 2026. This could be a sign that the stock is set to turn lower in the coming weeks. Traders may want to sell the stock or buy put options. Tickeron's A.I.dvisor looked at 46 similar instances when the indicator turned negative. In of the 46 cases the stock turned lower in the days that followed. This puts the odds of success at .
Following a 3-day decline, the stock is projected to fall further. Considering past instances where IYR declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .
Notable companies
Industry description
Market Cap
High and low price notable news
Volume
Fundamental Analysis Ratings
The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows
Advertisement
General Information
Category RealEstate
Advertisement