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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 ...
WASHINGTON (Reuters) -U.S. existing home sales unexpectedly increased in May, but the trend remained weak amid high mortgage rates. Home sales climbed 0.8% last month to a seasonally adjusted ...
This spring and summer are shaping up to be very tough for the real estate market,” said one economist at Navy Federal Credit Union.
The inventory of existing homes jumped 8.1% to 1.33 million units in March. Supply shot up 19.8% from a year ago. The median existing home price increased 2.7% from a year earlier to $403,700 in ...
US existing home sales improved slightly in May, ... Economists had expected a 1.3% drop to a rate of 3.95 million homes. Compared to a year earlier, sales are down 0.7%.
(Bloomberg) -- US purchases of new homes fell in May by the most in almost three years as rampant sales incentives fell short of alleviating affordability constraints.Most Read from BloombergBezos ...
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 ...
WASHINGTON (Reuters) -U.S. existing home sales unexpectedly increased in May, but the trend remained weak amid high mortgage rates. Home sales climbed 0.8% last month to a seasonally adjusted ...
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