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Homes sold: Nationwide sales of existing homes fell 5.4 percent in June 2024, per NAR. Meanwhile, the pace of new single-family home sales fell 16.5 percent in May 2024 from a year earlier, per ...
“We think it’s going to continue to be a slow climb out,” said Danielle Hale, chief economist at Realtor.com, which expects existing home sales to rise 1.5% next year to 4.07 million.
COST data by YCharts. 3. Value stocks increase in popularity. Many stocks now trade at premium prices thanks to the huge gains of the last couple of years. Sooner or later, though, investors will ...
The median price of a previously owned US home climbed in May for the 11th month in a row to a record $419,300 — up 6% from a year earlier. Bank of America expects home prices will climb by 4.5% ...
"We expect new home sales to continue to grind higher this year." New home sales rose 3.6% to a seasonally adjusted annual rate of 698,000 units last month, the Commerce Department's Census Bureau ...
Owning a home has been part of the "American dream" for many. But with stubborn inflation, a difficult housing market, short supply and soaring rates, this dream has been placed on hold for many...
These figures fall far short of the all-time high in annual new home sales—1,283,000 homes in 2005. “Right now, the United States is missing about 4.5 million homes,” says Tassey.
The stock market has been on a tear in 2024, with the S&P 500 rising by nearly 21 percent over the first three quarters of the year. But the situation may not be so brisk over the coming 12 months ...