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Home sales fall to lowest level since Oct. 2023
Home Sales Fall to Lowest Level in Almost a Year. A Turning Point Is Coming.
Home sales remained down in the dumps in August—but there’s reason to believe they could perk up soon. Previously owned homes were sold at a seasonally adjusted annual rate of 3.86 million in August,
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 and record-high home prices. Sales of previously-owned homes fell 2.5% to an annual rate of 3.
Existing home sales drop to 10-month low, but boost could be coming
Three of the four regions recorded month-to-month gains in home sales; the Midwest was the exception, as sales held steady there. Sales decreased on an annual basis in every region except the Northeast, where they matched last year’s levels.
17h
on MSN
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% ...
1d
on MSN
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 ...
1h
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 ...
1d
US existing home sales drop in August; supply improves
U.S. existing home sales fell more than expected in August as house prices remained elevated despite a continued improvement ...
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 ...
1d
on MSN
Home sales slumped to lowest August level since 2010. But they’re poised to soar after the Fed finally cut interest rates
Sales of previously owned homes in the United States fell sharply in August, despite mortgage rates plummeting that month.
Finance & Commerce
1d
Home sales fell in August despite easing rates, greater supply of homes
LOS ANGELES —
Sales
of previously occupied U.S. homes fell in August to the slowest annual pace in nearly a year even as ...
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.
1h
Elle Macpherson Sells Coral Gables Home for More Than Twice What She Paid
The Australian supermodel fetched $18.5 million for the six-bedroom house, which she bought for $8.1 million in 2018.
International
11h
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 ...
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