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WASHINGTON (Reuters) -U.S. existing home sales dropped to a 14-year low in September, weighed down by higher mortgage rates and house prices. ... Housing inventory increased 1.5% to 1.39 million ...
At September's sales pace, it would take 4.2 months to exhaust the current inventory of existing homes, up from 3.6 months a year ago. A four-to-seven-month supply is viewed as a healthy balance ...
2025 existing home median sale price year-over-year: 10.2% While existing home sales are expected to jump “only” a touch above 15% in 2025, what matters to most homeowners is the expected ...
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Existing-home sales in January 2024 rose 3.1 percent from December but remain down 1.7 percent from a year ago, according to the National Association of Realtors. ... Inventory in January stood at ...
Existing home sales in September slipped 1% to an annual rate of 3.84 million, according to NAR data released last week. Yun expects sales to pick up next year to around 4.47 million and cross 5 ...
"After two years of sluggish home sales in 2023 and 2024, existing-home sales are forecasted to rise to 4.47 million in 2025 and more than 5 million in 2026," Yun said.
U.S. existing home sales fell in December to the lowest level in nearly 13-1/2 years, but a recovery could be in the cards this year as mortgage rates decline and housing inventory shows signs of ...