The market sputtered amid high mortgage rates, high prices, and homeowners with lower rates who have no plans to move.
Contracts to buy U.S. previously owned homes fell in December to snap a four-month streak of increases, with particularly sharp declines in the pricier Northeast and West regions as higher mortgage ...
The existing-home sales slump coupled with a strong tally in new-home sales means that new homes now account for 14.4% of all ...
Existing home sales came in at 4.06 million on an annual basis in 2024, the lowest level since 1995, said the National Association ... rate decision. The Federal Reserve is cutting rates in ...
Sales of previously owned homes in the U.S. rose for the third straight month in December, entering 2025 after the worst year ...
The average sale price for a home in Minnesota rose to $404,512 in 2024 – an increase of 4.1%, compared to $388,602 in 2023.
The National Association of Realtors said Friday that existing U.S. home sales totaled 4.06 million last year, a 0.7% decline from 2023. That is the weakest year for home sales since 1995, echoing ...
Mortgage rates have been rising on expectations that the Federal ... Reserve will keep interest rates higher this year to fight inflation, per Lawrence Yun, chief economist at the National ...