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Existing home sales down, marking worst Apr. since 2009
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As rising uncertainty and high borrowing costs deterred buyers during what is usually the busiest season for real estate, the ...
Existing-home sales in March clocked in at a seasonally adjusted annual rate of 4.02 million, 2.4% lower than one year ago and a 5.9% drop compared to February, according to the newest report ...
Many buyers, spooked by rising economic uncertainty, stayed away from the housing market during the start of the crucial spring season.
"All market indicators are positive, and the data tells us consumer confidence is improving. I like what I'm seeing, and it ...
WASHINGTON (Reuters) -U.S. existing home sales fell more than expected in March, weighed down by higher borrowing costs, and further weakness is likely as growing concerns of an economic ...
Existing home sales dropped 5.9% in March. The monthly decline pushed the pace of resales to 4.02 million, the slowest since January 2024. March's pullback largely reflects ongoing affordability ...
The slowest sales pace for any April in 16 years indicates the spring selling season is shaping up as a bust.
Sales of existing US homes pulled back more than expected in March, logging their biggest drop since late-2022 according to industry data released Thursday, as high mortgage rates weighed on ...
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