The spring homebuying season in the U.S. is off to a tepid start as buyers contend with sharply higher mortgage rates and near historic-low inventory of properties on the market. Existing U.S. home sales fell 2.4% last month from February to a seasonally adjusted annual rate of 4.44 mill...
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The National Association of Realtors said Thursday that existing home sales fell 1.5% last month from August to a seasonally adjusted annual rate of 4.71 million. That’s slightly higher than what economists were expecting, according to FactSet. ...
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Median prices for existing homes have also risen at a furious pace, jumping nearly 16% from a year ago to $358,000. Homes sold in an average of 19 days and the number of houses for sale slumped to just 910,000 in December, the fewest since records began in 1999. The lack of previo...
april 27, 2021, at 9:50 a.m. save more us home prices rose 11.9% in february, fastest since 2014 more the associated press a "sale pending" sign stands along side a new driveway in madison county, miss., tuesday, march 16, 2021. u.s. home prices increased at the fastest p...
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Related articleAmericans say it’s the worst time ever to buy a home NAR also reported that existing home sales, which make up the vast majority of transactions, fell 1.9% in April to a seasonally adjusted annual rate of 4.14 million. Sales fell in April for the second month in a row,...
Home sales in the United States declined for the ninth month in a row in October as surging mortgage rates and high prices pushed buyers out of the market. Sales of existing homes — which include single-family homes, townhomes, condominiums and co-ops — were down 28.4% in October from...
There were 1.07 million homes for sale, the most for any February since 2020. " Existing home sales have made strong strides so far this year, with February seeing the biggest jump in 12 months," wrote BMO Economics' Priscilla Thiagamoorthy. "With the Fed on track to cut rates this year...