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In the Midwest, home sales came in at an annual rate of 900,000 last month, but remained nearly 10% lower than a year prior. The median price in the Midwest was $275,600, up 6% annually.
The double whammy of high rates and low inventory is so bad, this year is shaping up to be the worst year for home sales since 2008, the year the housing bubble burst, according to National ...
The median national home price for all of last year edged up just under 1% to record high $389,800, the NAR said. 2023 was slowest year for US home sales in nearly 30 years as high mortgage rates ...
Home sales fell 1.0% last month to a seasonally adjusted annual rate of 3.84 million units, the lowest level since October 2010, the National Association of Realtors said on Wednesday.
U.S. states and D.C. by median home price, February 2024 (in February 2024 dollars) [1] State rank State or territory Median home price in US$ 1 Hawaii: $839,013 2 California: $765,197 — District of Columbia: $610,548 3 Massachusetts: $596,410 4 Washington: $575,894 5 Colorado: $539,151 6 Utah: $509,433 7 New Jersey: $503,432 8 Oregon: $487,244 9
Sales of previously occupied U.S. homes slumped in October to their slowest pace in more than 13 years as surging mortgage rates and rising prices kept many prospective homebuyers on the sidelines.
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