(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...
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 ...
though readings are still anticipated to show growth. Also coming up today is the latest data on US existing home sales, while the Fed’s Thomas Barkin is due to speak.
Existing U.S. home sales fell 2.4% last month from February to a seasonally adjusted annual rate of 4.44 million, the National Association of Realtors said Thursday. That's below the 4.5 million home sales economists were expecting, according to FactSet. ...
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...
Jan. 19, 2024 at 7:18 am Updated Jan. 19, 2024 at 9:47 am A sign indicating that a home is under contract is shown on Tuesday, Jan. 16, 2024, in Kennesaw, Ga. On Friday, the National Association of Realtors reports on existing home sales for ...
"There will still be a demand-supply imbalance in the housing market well into 2024,” Sturtevant said. Despite easing mortgage rates, home sales in December declined after rising the previous month. Existing home sales fell 1% from November to a seasonally adjusted annual rate of 3.78 million,...
5 Furthermore, according to the National Association of Realtors, existing home sales rose 1.3% in July and the median sales was US$422,600, up 4.2% from the same time last year.6 The slowdown in the housing market is expected to cause housing starts to fall in the short term, but ...
TheUS December existing home contract sales index recorded a monthly rate of 8.3%, the biggest increase since June 2020. It is expected to be 1.5%, compared w