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U.S. Home Sales Surprise Fall in August
U.S. Home Sales Surprise Fall in August Despite Easing Mortgage Rates
Sales decreased 2.5% month on month to a 3.86 million according to a report from the National Association of Realtors
August home sales drop more than expected as prices set a record
Tight supply is keeping the pressure on prices. The median price of an existing home sold in August was $416,700, up 3.1% from the same month in 2023. That is the highest price ever for August.
US home sales fell in August despite easing mortgage rates, more homes on the market
Sales of previously occupied U.S. homes fell in August to the slowest annual pace in nearly a year even as mortgage rates eased and the supply of properties on the market kept rising.
1d
on MSN
Home sales fall to lowest level since October 2023
American home sales fell to the lowest level since October 2023, as home buyers held back in the face of high mortgage rates ...
12m
Jim Carrey’s LA mansion sees its fifth price cut amid the city’s luxury sales slump
As the Los Angeles mansion tax continues to make luxury property sales sluggish, Jim Carrey still struggles to sell off his ...
2d
on MSN
Home buyers are holding their breath for rate cuts as existing home sales plunge to lowest since the pandemic
Existing home sales fell 1% in August from July, reaching their lowest level since the pandemic, according to a report from ...
11h
on MSN
Central Indiana sees higher pending home sales in August, as Fed rate cut boosts demand
Lower interest rates mean cheaper monthly payments, but they also entail more competition. Here's what experts in central ...
1d
Metro Phoenix home sales fall and prices flat in August. Forecast for September?
Metro Phoenix’s median home price was flat at $440,000 last month compared to July. But it’s up from $435,000 a year ago.
International
9h
Home Sales in America Downtick Further in August
In August 2024, existing-home sales dropped, according to the National Association of Realtors (NAR) latest data. Three out ...
1d
Bummer! Existing-home sales flop, but relief could be on the way
Federal Reserve’s interest rate cut on Wednesday, which was larger than some people expected, couldn’t have come at a better ...
20h
How Minneapolis is pushing to build more housing as home sales drop
The number of home sales have dropped, sending prices to a record high. But a plan in Minnesota, known as Minneapolis 2040, ...
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