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At September's sales pace, it would take 4.3 months to exhaust the current inventory of existing homes, the highest since May 2020 and up from 3.4 months a year ago.
Existing home sales rose 4.8% last month, from October, to a seasonally adjusted annual rate of 4.15 million, the National Association of Realtors said Thursday. ... It was 6.6% last week ...
Existing home sales sank to a nearly 30-year low last year as the average rate on a 30-year mortgage surged to a 23-year high of 7.79%, according to mortgage buyer Freddie Mac. ... This week, the ...
The median existing-home price for all housing types in November was $406,100, an increase of 4.7% from one year ago ($387,800). According to Freddie Mac, the 30-year fixed-rate mortgage averaged ...
Existing home sales slipped 1.0% last month to a seasonally adjusted annual rate of 3.78 million units, the lowest level since August 2010, the National Association of Realtors said on Friday ...
Existing home sales — which make up most of the housing market and include single-family homes, townhomes, condominiums and co-ops — rose 9.5% in February from the prior month to a seasonally ...
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% ...
In the West, existing home sales rose 1.4% month over month. The median price was $629,500, up 3.4% from July 2023. ... The average rate on the 30-year fixed-rate mortgage was 6.49% as of last ...