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Existing home sales fell 1% in August from July, reaching a seasonally adjusted annual rate of about four million, the report finds. That's the lowest level since the pandemic stalled home sales ...
The average rate on a 30-year mortgage surged to a 23-year high of nearly 8% in October 2023 and briefly fell to a 2-year low last September, but has been mostly hovering around 7%, according to ...
The Average rate for 30-year fixed mortgage now stands at 6.44%, the lowest in 16 months, according to the Mortgage Bankers Association. ... rates are moving lower and for-sale inventory has ...
(Reuters) -U.S. existing home sales dropped to a six month-low in July as home owners who are locked into cheap mortgages refrained from selling their properties with the cost of new mortgages for ...
Existing home sales in the U.S. in 2024 were the lowest in nearly 30 years, as home prices hit an all-time high.. The National Association of Realtors released data that showed existing home sales ...
On a yearly basis, sales of previously owned homes retreated 4.2% in August. The median home price increased 3.1% from last August to $416,700, the 14th consecutive month of annual price increases.
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