Existing-Home Sales Decreased 4.9% in January, But Increased Year-Over-Year for Fourth Consecutive Month
Existing-home sales slid 4.9% in January to a seasonally adjusted annual rate of 4.08 million. However, sales rose 2.0% from one year ago, the fourth straight monthly year-over-year increase. The median existing-home sales price advanced 4.8% from January 2024 to $396,900, the 19th consecutive month of year-over-year price increases.
Tariffs could raise material costs for homebuilders, and a crackdown on immigration could make construction workers even ...
Existing-home sales fell in the first month of the year as buyers continued to struggle with high home prices and 7% mortgage rates. Home sales fell 4.9% in January to a 4.08 million pace.
Sales of existing US homes fell last month for the first time since September, as the combination of high mortgage rates and prices sets a grim backdrop heading into the crucial spring selling ...
Sales of previously occupied U.S. homes fell in January as rising mortgage rates and prices put off many would-be homebuyers ...
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Home sales fell in January as prices continued soaring, showing the financial strains potential buyers are ...
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Existing-home sales fell in the first month of the year as buyers continued to struggle with high home prices and 7% mortgage ...
Market Domination Overtime's Julie Hyman and Alexandra Canal preview the top stories and economic data investors should pay ...
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