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Home Sales in March Fell 5.9%, Biggest Drop Since 2022
Many buyers, spooked by rising economic uncertainty, stayed away from the housing market during the start of the crucial spring season.
New home sales jump in March amid spring supply bump
Housing activity for new residential construction climbed in March, spurred by a greater supply of houses during a crucial spring period.
US existing home sales fall more than expected in March
Home sales dropped 5.9% last month to a seasonally adjusted annual rate of 4.02 million units, the National Association of Realtors said on Thursday morning.
March Home Sales Slowed in a Lethargic Opening to the Spring Buying Season
Sales of previously occupied U.S. homes slowed in March, a sluggish start to the spring homebuying season as elevated mortgage rates and rising prices discouraged many prospective home shoppers
Home sales last month dropped to their slowest March pace since 2009
Home sales in March were weaker than expected, due to higher mortgage rates and concern over the broader economy.
Existing-Home Sales Fall More Than Projected as Prices Hit March Record
US existing home sales decreased more than expected in March as prices reached a record high for the month, according to data released Thursday by the National Association of Realtors. Existing home sales dropped 5.
Sales of existing homes in the U.S. fell in March
New National Association of Realtors data shows sales of existing homes in the U.S. fell in March. But the median price of a home rose above $400,000.
US existing home sales see biggest drop since 2022
Sales of existing US homes pulled back more than expected in March, logging their biggest drop since late-2022 according to industry data released Thursday, as high mortgage rates weighed on
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US home sales rose in February as mortgage rates eased and more homes put up for sale
Home prices increased on an annual basis for the 20th consecutive month. The national median sales price rose 3.8% in February from a year earlier to $398,400, an all-time high for the month ...
Home sales slump at start of crucial spring buying season as high mortgage rates and rising prices deter buyers
Higher mortgage rates also dampened the start of the spring homebuying season in 2024. This year, after climbing to a just ...
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US pending home sales rebound in February
WASHINGTON (Reuters) - Contracts to buy U.S. previously owned homes rebounded marginally in February amid ... its Pending Home Sales Index, based on signed contracts, rose 2.0% to 72.0.
US stocks trend up for third day on hope for June Fed rate cut. Dow adds 486 points.
US stocks gain for third straight day on hopes for June rate cut. After hours, Alphabet results top estimates and its shares ...
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Home sales just posted their biggest monthly fall since 2022
More inventory hitting the market was expected to drive sales. Instead, existing home sales suggest a continued slump in the housing market, with mortgage rates hurting affordability.