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The housing market slowdown is likely to gain steam, ... 2022 at 12:31 PM. ... On average, U.S. homes purchased during a four-week period in August 2022 sold for less than the asking price.
Mortgage applications declined 5.2% for the week ending May 31, with adjustments accounting for the Memorial Day holiday, signaling a continued cooling in the housing market.Amid a backdrop of ...
“Time flies, but it was this time last year when we really started to see the market slow down,” Erin Sykes, chief economist at residential real estate brokerage firm Nest Seekers ...
For instance, the number of homes for sale at the end of October was 1.22 million, down 0.8% from both September and a year ago. New listings are down from a year ago, indicating that sellers are ...
Lennar reported a slowdown in new home orders in its fourth-quarter as the housing market remains in correction mode.Lennar said this week new home orders dipped 15% year-over-year in the fourth ...
This week’s economic data is all about housing, with reports on homebuilder sentiment, housing starts, and existing home sales set to provide key insights into market conditions. While ...
July 7, 2022 at 9:03 AM
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