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Sales, Mortgage Rates
US home sales fell in August despite easing mortgage rates, more homes on the market
Sales of previously occupied U.S. homes fell in August to the slowest annual pace in nearly a year even as mortgage rates eased and the supply of properties on the market kept rising.
August home sales drop more than expected as prices set a record
Tight supply is keeping the pressure on prices. The median price of an existing home sold in August was $416,700, up 3.1% from the same month in 2023. That is the highest price ever for August.
Home Sales Fell In August Despite Lower Mortgage Rates, More Inventory
A drop in mortgage rates and more homes coming on the market in August wasn’t enough to jolt home sales from their sluggish pace—at least not yet.
6h
NKY takes top spot for most expensive home sales in August
There were two home sales that topped the $2 million mark, with a Northern Kentucky home selling for $2.85 million.
Finance & Commerce
2d
Home sales fell in August despite easing rates, greater supply of homes
LOS ANGELES —
Sales
of previously occupied U.S. homes fell in
August
to the slowest annual pace in nearly a year even as ...
1d
on MSN
Home sales slumped to lowest August level since 2010. But they’re poised to soar after the Fed finally cut interest rates
Sales of previously owned homes in the United States fell sharply in August, despite mortgage rates plummeting that month.
1d
Metro Phoenix home sales fall and prices flat in August. Forecast for September?
Metro Phoenix’s median home price was flat at $440,000 last month compared to July. But it’s up from $435,000 a year ago.
22h
on MSN
UK retail sales rise 1% in August
British retail sales rose 1% in August, official figures showed on Friday. Economists polled by Reuters had forecast a ...
International
17h
Home Sales in America Downtick Further in August
In August 2024, existing-home sales dropped, according to the National Association of Realtors (NAR) latest data. Three out ...
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