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May home sales barely move as high mortgage rates, prices, weigh on housing market
Sales of previously occupied U.S. homes edged higher in May, as stubbornly high mortgage rates and rising prices made homebuying less affordable even as the inventory of properties on the market continued to increase.
Existing-home sales in March clocked in at a seasonally adjusted annual rate of 4.02 million, 2.4% lower than one year ago and a 5.9% drop compared to February, according to the newest report ...
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. Contract ...
Protesters set Waymo cars on fire in Los Angeles anti-ICE protests Las Vegas Boulevard empties as police respond to shooting Police respond to shooting on Las Vegas Strip 'Cops everywhere' after ...
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 ...
Despite the April slowdown, year-to-date sales are down just 3.5% compared to the first four months of 2024, buoyed by strong ...
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