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WASHINGTON (Reuters) -U.S. existing home sales dropped to a 14-year low in September, weighed down by higher mortgage rates and house prices. The second straight monthly decline in home resales ...
Existing home sales fell to the lowest level in 30 years. ... sales of more affordable homes priced under $100,000 were down 18% in December 2023. Homes priced between $100,000 and $250,000 also ...
Existing home sales were also down 5.4% compared with June of last year. The latest sales came in below the 3.99 million annual pace economists were expecting, according to FactSet.
U.S. existing home sales dropped to a five month-low in June, depressed by a chronic shortage of houses on the market that slowed the pace of decline in annual house prices. Existing home sales ...
High mortgage rates and rising prices continued to put a damper on the spring homebuying season last month. Existing home sales fell 1.9% to a seasonally adjusted annual rate of 4.14 million in ...
Existing-home sales in January 2024 rose 3.1 percent from December but remain down 1.7 percent from a year ago, according to the National Association of Realtors.
Lack of affordable housing. Sales for homes priced over $1 million increased by 23%, the highest of all price points. By contrast, sales declined 16% and 6% for homes priced under $100,000 and ...
U.S. existing home sales dropped to a 13-year low in September as surging mortgage rates and tight supply combined to reduce affordability for many first-time buyers. Existing home sales fell 2.0% ...
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