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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.
The housing market has been rapidly evolving. Home prices surged in 2020 as mortgage rates plummeted, and over the past couple of years, we've seen a slight cooling of the market as mortgage rates...
Nearly one year ago, I made four predictions about the stock market in 2024. The Fed indeed cut rates in Q4, but stocks didn't jump as much as I anticipated. Here are my five predictions for the ...
A new Realtor.com report predicts that the average mortgage rate in 2024 will be 6.8%, with rates declining over the year to reach 6.5% by the end of the year. In addition, home prices are ...
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 ...
According to the latest National Association of Realtors (NAR) data, the median existing-home sales price in November 2024 rose 4.7 percent from one year prior to $406,100, which represents the ...
Zillow’s expects 5.1 million existing homes to be sold in calendar year 2022 – a 16% decrease compared to 2021. This is down slightly from September’s forecast for 5.2 million.