(ICIS)--Sales of existing homes in the US were at a seasonally adjusted annual rate of 3.96m in September-down 2.0% from August,and down 15.4% year on year from September 2022.Low inventory and low housing affordability continue to weigh on sales,the National Association of Realtors(NAR)...
US Existing Home Sales MoM is at -2.53%, compared to 1.54% last month and -0.49% last year. This is lower than the long term average of -0.01%. US Existing Home Sales MoM measures the month over month percent change in the total unit sales of US homes that are already built. This...
Combined with high home prices, the rapid rise in borrowing costs has pushed many entry-level homebuyers out of the market. A new report from Redfin last week showed that the share of sale agreements on existing homes canceled in June was just under 15% of all homes that went under contrac...
US Existing Single-Family Home Median Sales Price is at a current level of 409000.0, down from 419800.0 last month and up from 397400.0 one year ago. This is a change of -2.57% from last month and 2.92% from one year ago. Report Existing-Home Sales Category House Sales Region United ...
Sales of new US single-family homes fell more than expected in February, but steady gains in home prices suggested the housing market recovery remains intact.
Even with the sales decline, the median price of an existing home sold last month hit a record $350,300, 23.6% higher than the median price a year ago, the association said. While sales are slowing, the housing market remains hot. Homes that do hit the market often get multiple offers...
The National Association of Realtors said Friday that existing U.S. home sales totaled 4.09 million last year, an 18.7% decline from 2022. That is the weakest year for home sales since 1995 and the biggest annual decline since 2007, the start of the housing slump of the late 2000s. ...
21, mortgage applications fell 7.1% from the previous week with an even bigger downturn – about 13% – in the number of people seeking to refinance existing mortgages. The National Association of Realtors reported last week that sales of previously occupied homes fell in December for the first...
Salesforce for Home Durables solutions are built to drive profitable growth by integrating planning and execution on one platform. This includes our industry-specific Consumer Goods Cloud and best-in-class solutions for home durables companies like Marketing Cloud, Data Cloud, and Commerce Cloud. ...
At the current sales pace, it would take 3.3 months to get through the existing inventory, up from 3.1 months in September and 2.4 months last year. But that’s still historically low: A balanced market is a 4 to 6 month supply. “Inventory levels are still tight, which is why some...