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There were 683,000 new homes sold in the U.S. in 2024, per Census Bureau data. That compares to 666,000 in 2023, 641,000 in 2022, 771,000 in 2021, and 822,000 in 2020.
They accounted for 31% of all homes sold last month, up from 30% in November and 29% in December 2023. However, the annual share of first-time buyers was 24%. It's been 40% historically.
There have been 1,008 existing homes sold through the first five months of 2024, up 8.4% compared to the same period in 2024. ... interest rates hit recent peaks of 7.03% and 7.79% respectively in ...
“The inventory problem is not going to get much better in 2024," one Realtor said. Resales and new construction can't fulfill all the demand.
Average mortgage rates inch higher across popular terms as of Tuesday, December 24, 2024, pushing the 30-year fixed rate to 7.00% nearly a week after the Federal Reserve announced a third ...
This is a list of countries, territories and regions by home ownership rate, which is the ratio of owner-occupied units to total residential units in a specified area, based on available data. [1] [better source needed]
At the conclusion of its seventh and penultimate rate-setting policy meeting of 2024 on November 7, 2024, the Federal Reserve announced it was lowering the federal funds target interest rate by 25 ...
Overall, the company expects that about 4.3 million homes will be sold in 2024, a 5% increase from 2023, and that mortgage rates will dip to 6.6% by the end of the year. Show comments Advertisement
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