LOS ANGELES -- Sales of previously owned U.S. homes slid in June to the slowest pace since last September as mortgage rates remained elevated and national median sales prices hit unprecedented levels.
Contracts to purchase previously owned U.S. homes increased more than expected in October, likely as lower mortgage rates pulled buyers back into the market. Pending home sales rose 1.9% last month ...
Sales dip amid affordability issues and high mortgage rates NAR economist Yun sees potential sales boost from declining mortgage rates Regional sales mixed; Midwest benefits from better affordability ...
U.S. existing-home sales decreased by 0.2% in August, influenced by regional variations and economic factors. The Midwest saw gains, while the Northeast and South experienced declines. Experts discuss ...
The figures show that consumer spending, the lifeblood of the US economy, was somewhat weak heading into the current quarter, which stretches from October through December. In September, employers ...
The U.S. mortgage landscape is changing as average rates rise above pre-pandemic levels, impacting homeowner behavior and the housing market. With more homeowners holding expensive mortgages, the ...
Sales of existing homes dipped in August, after high prices kept sales in check despite easing mortgage rates. Home sales were down 0.2% from the prior month to a seasonally-adjusted annual rate of 4 ...
Sales of new homes in the US surged by more than expected last month as builders ramped up discounts to lure buyers sitting on the sidelines. New single family home sales rose 20.5% in August to an ...