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The current housing market Home sale prices: The country’s median existing-home sale price in June 2024 was $426,900, according to the National Association of Realtors (NAR) — the highest ...
Learn More: 10 Housing Markets Buyers Are Flocking to as Rates Drop Find Out: 3 Things You Must Do When Your Savings Reach $50,000 But, there is finally a silver lining.
The median sale price for an existing home in the U.S. was $404,500 in September 2024, according to the National Association of Realtors (NAR). And after briefly rising above 8 percent in October ...
In July, the housing market had a 4.0-month supply of housing inventory, a 19.8 percent improvement over last year but still below the 5 to 6 months needed for a healthy, balanced market — one ...
The housing market is ‘stuck’ until at least 2026, Bank of America warns. Help may not be on the way for first-time homebuyers frustrated by high mortgage rates and even higher home prices ...
2024 was a tough year for the U.S. housing market. Here’s what experts predict for 2025. ... which would add much-needed inventory to the market. Will mortgage rates drop in 2025? ...
But there have been some welcome steps in the right direction: Total housing inventory at the end of July was 1.33 million units, NAR data shows. That’s 0.8% higher from June and up 19.8% from a ...
That said, I’m not anticipating a drop in prices nationwide. Rising construction costs and a slowing economy as a result of prolonged high interest rates will also impact the housing market in ...
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