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 ...
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 ...
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 ...
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 ...
The final figures for home sales last year are in, and the story is quite grim: 2024 was the slowest year for existing home sales in nearly three decades. Existing-home sales last year totaled 4. ...
Washington (AFP) – Sales of previously owned US homes slipped to their weakest level in about three decades last year on the back of high housing prices and mortgage rates, according to industry ...
Sales of existing homes in the US fell last year to the lowest level in almost three decades, as sky-high home prices and elevated mortgage rates squeezed home buyers. Sales of previously owned ...
Home sales in December rose 2.2% from the previous month on a seasonally adjusted basis to a 4.24 million annual pace, NAR said. That topped the 4.2 million pace forecast by analysts polled by ...