January was a refreshingly strong month for many economic reports, but especially for metrics relating to the housing and mortgage markets. This wasn’t too hard to reconcile with December and January having much lower mortgage […]
WASHINGTON, March 21 (Reuters) – U.S. existing home sales rebounded more than expected in February as lower mortgage rates and the first year-on-year decrease in prices in 11 years pulled buyers back into the market, […]
Existing home sales emerged, at least temporarily, out of a prolonged slump last month, and weren’t even shy about it. The National Association of Realtors® (NAR) said seasonally adjusted annual sales of preowned single-family houses, […]
After 12 months of declines, existing home sales rebounded in February, climbing 14.5% month over month to a seasonally adjusted annual rate of 4.58 million homes, according to a report from the National Association of Realtors (NAR) […]
Google has announced that they’ll be laying off 12,000 workers, following in the footsteps of Microsoft, Amazon, Salesforce and many other tech companies The housing market has also continued to slide, with sales volumes dropping […]
The post U.S. home sales drop to 12-year low; price growth cools appeared first on Weekly Real Estate News.
US home sales plunged to a 12-year low in December, but declining mortgage rates raised cautious hope that the embattled housing market could be close to finding a floor. Existing home sales fell 1.5 percent […]
Existing home sales fell back for the 11th straight month in December according to the National Association of Realtors® (NAR) The month’s sales of pre-owned single-family houses, townhouses, condominiums, and cooperative apartments were at a […]
The phrase “in like a lion, out like a lamb” is typically used to describe the month of March, but it is also applicable to existing home sales trends in 2022. After posting a 6.5% […]
Stop me if you’ve heard this one before: home sales numbers continue to suffer due to a perfect storm of higher rates, lofty prices, and tighter purse strings driven by inflation. Ultra low inventory levels […]
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