High mortgage rates and rising prices continued to put a damper on the spring home-buying season last month. Existing home sales fell 1.9% to a seasonally adjusted annual rate of 4.14 million in April from […]
After a couple weeks of big jumps for mortgage rates, we’re still seeing relatively surprising strength in the housing market. In fact, some measures of home prices are now at their all-time highs, having […]
The spring homebuying season is off to a sluggish start as home shoppers contend with elevated mortgage rates and rising prices. Sales of previously occupied US homes fell 4.3% in March from the previous month to […]
Everyone knows it’s been a very dry 18 months for home sales. As mortgage rates rose starting in 2022, payment affordability got dramatically worse and homebuyer demand dried up. At the same time, seller […]
Sales of previously occupied US homes rose in February from the previous month to the strongest pace in a year with homebuyers encouraged by a modest pullback in mortgage rates and more properties on […]
Today’s existing home sales report was a massive beat, similar to what happened last year in this month. Will this mark the high point for sales this year like it did in 2023? Unless […]
Sales of previously occupied US homes rose in January as homebuyers seized upon easing mortgage rates and a modest pickup in properties on the market. Existing home sales rose 3.1% last month from December […]
The inventory of homes for sale across New York State shrank by 10.2% in January from 39,544 homes available in 2023 to 35,492 units on the market in 2024, according to new data from the […]
Closed sales of single-family homes in Florida totaled 14,851 in January, up 0.6% year-over-year, while existing condo-townhouse sales totaled 6,008, down 1.2% from last year, according to data from the Florida Realtors Research Department. During […]
Sales of previously occupied US homes rose in November, ending a five-month skid, as easing mortgage rates encouraged homebuyers. Existing home sales rose 0.8% last month from October to a seasonally adjusted annual rate of 3.82 […]
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