The market sputtered amid high mortgage rates, high prices, and homeowners with lower rates who have no plans to move.
Pending home sales fell 5.0% from a year earlier. On a regional basis, signings declined on both a monthly and annual basis in all four regions. Month-over-month the declines were led by an 8.1% drop ...
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 ...
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 ...
The Petersen family’s two-bedroom apartment in northern California is starting to feel small. Four-year-old Jerrik’s toy monster trucks are everywhere in the 1,100-square-foot unit in ...
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 ...