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WASHINGTON, April 18 (Reuters) - U.S. existing home sales fell in March as higher interest rates and house prices sidelined buyers from the market. Home sales dropped 4.3% last month to a ...
The median sales price was $396,100, a 3.1% decline from a year earlier, the largest annual drop since 2011. Prices grew in the Northeast and Midwest but fell in the South and West.
Existing-home sales in the US slumped to one of the slowest paces since 2010 in June, as sellers wait for mortgage rates to fall further and buyers balk at stubbornly high prices.
U.S. existing home sales last year dropped to their lowest level since 1995. Hotspots ranked Start the day smarter ... US existing home sales in 2024 drop to lowest level since 1995.
US home sales fell in April for the second month in a row and home prices had the biggest drop since 2012, according to a National Association of Realtors report released Thursday.
Home resales, which account for a large portion of U.S. housing sales, dropped 4.2% on a year-on-year basis in August. The median existing home price increased 3.1% from a year earlier to $416,700 ...
U.S. existing home sales dropped to a six month-low in July as home owners who are locked into cheap mortgages refrained from selling their properties with the cost of new mortgages for another ...
WASHINGTON (Reuters) -U.S. existing home sales unexpectedly increased in May, but the trend remained weak amid high mortgage rates. Home sales climbed 0.8% last month to a seasonally adjusted ...
The median existing-home price dipped for the first time in six months as well, to $310,800 from $313,100, according to NAR. Prices still sit 14.6% higher from the year-ago period.
US Existing-Home Sales Rose in October After Mortgage-Rate Drop Contract closings increased 3.4% in month, most since February Inventory is trending up but still below pre-pandemic levels ...
This spring and summer are shaping up to be very tough for the real estate market,” said one economist at Navy Federal Credit Union.