Sales of existing homes slipped in July even as median prices sustained their record-high levels. The National Association of Realtors® (NAR) said the month’s sales of single-family homes, townhomes, condominiums, and cooperative apartments were at […]
The post U.S. Existing-Home Sales Slid Last Year as Interest Rates Surged appeared first on Weekly Real Estate News.
Seven straight months of slowing sales has reduced existing home transactions by nearly 20 percent from the same point in 2021. The National Association of Realtors(R) (NAR) said on Wednesday that August sales of preowned […]
Existing-home sales slipped further in August as economists blame the “housing recession” mostly on higher mortgage rates, though home prices continue rising, according to newly released data from the National Association of REALTORS(R). But while […]
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