U.S. existing-home sales fell in 2024 to the lowest level since 1995, the second straight year of anemic sales due to stubbornly high mortgage rates. High costs related to homeownership sapped ...
Sales of previously owned homes rose last month, but not enough to prevent 2024 from being the slowest year for home transactions in nearly 30 years. Existing-home sales rose 2.2% on the month in ...
LOS ANGELES (AP) — The latest evidence that homeownership is becoming increasingly less accessible to many Americans: Sales of previously occupied U.S. homes fell last year to a nearly 30-year ...
The Census Bureau’s December release for new home sales came in at a seasonally adjusted annual rate of 698,000 units. This figure was higher than the 669,000 forecast. New home sales are up 3.6 ...
However, annual existing home sales were at their lowest since 1995. The late-year improvement showed positive trends that some economists think could continue into 2025. The optimistic outlook ...
After a sluggish 2023 in which Bay Area home sales sank to the lowest level in 15 years, activity across the nine-county region rose 9% in 2024 as buyers and sellers came to terms with higher ...
December home sales and inventory on Long Island improved year-over-year, as prices continue to rise, closing out another disappointing year for the area’s housing market. There were 1,527 ...
Home sales skidded to a fresh low in 2024 as high mortgage rates and property prices kept buyers and sellers on the sidelines of the housing market. Americans sold 4.06 million previously-owned ...
Mainland Chinese developers’ hopes for a better start to the new year received a boost as home sales picked up towards the end of 2024, following Chinese authorities’ pledge to “stop prices ...