The drop in existing-home sales counters the positive numbers in new-home sales announced this week. New homes sold at an annual rate of 724,000 in March, a 6% rise compared to the same month in 2024.

Sales of existing US homes pulled back more than expected in March, logging their biggest drop since late-2022 according to industry data released Thursday, as high mortgage rates weighed on ...

Existing home sales experience massive drop The National Association of Realtors (NAR) reports that sales of previously owned homes decreased 5.9% from February to a seasonally adjusted annual ...

Sales of previously owned homes are still lower than usual. The annualized rate in May was the lowest since 2009.

U.S. existing home sales last year dropped to their lowest level since 1995.

Existing-home sales in the US slumped to one of the slowest paces since 2010 in June, as sellers wait for mortgage rates to fall further and buyers balk at stubbornly high prices.

Falling mortgage rates and rising inventory could boost existing home sales activity in the coming months.

Sales of existing US homes pulled back more than expected in March, logging their biggest drop since late-2022 according to industry data released Thursday, as high mortgage rates weighed on ...

Sales of existing US homes pulled back more than expected in March, logging their biggest drop since late-2022 according to industry data released Thursday, as high mortgage rates weighed on ...