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(The Center Square) – Sales of existing homes declined to the lowest level annually since 1995 while the median price reached a record high of $407,500 last year. On a monthly basis, sales of ...
Nonetheless, supply is below the 1.8 million units seen before the COVID-19 pandemic. Despite the improving supply, the median existing home price increased 3.0% from a year earlier to $404,500 in ...
NAR existing-home-sales data showed a 4.2-month housing supply level as of August 2024, which is much healthier than the record low of 1.6 months but still continues to favor sellers.
"Sales rose by 35% from a year ago for homes priced above $1 million, while sales fell for homes priced under $250,000." First-time homebuyers accounted for 31% of home sales in December, up from ...
On an annual basis, existing home sales fell to 4.09 million — the lowest level in 30 years — and were 19% lower than in 2022. However, homebuying conditions weren’t as bad back in the 1990s ...
The inventory of unsold existing homes increased 2% from one month ago to 1.01 million at the end of January, equal to three months of supply at the current sales pace. Still, at least six months ...
U.S. existing home sales dropped to a 13-year low in September as surging mortgage rates and tight supply combined to reduce affordability for many first-time buyers. Existing home sales fell 2.0% ...
Existing home sales fell 1.5% to a seasonally adjusted annual rate of 4.02 million units last month, the lowest level since November 2010, the National Association of Realtors said on Friday. Home ...