Sales of previously occupied US homes fell in 2024 to a nearly 30-year low for the second time in as many years as elevated mortgage rates, rising home prices and few properties on the market ...
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Elevated mortgage rates, rising home prices and a low level of properties on the market kept many prospective homebuyers out ...
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 ...
Contracts to buy U.S. previously owned homes fell in December to snap a four-month streak of increases, with particularly sharp declines in the pricier Northeast and West regions as higher mortgage ...
Sales plummeted 2.8% last month at auto dealers and slumped at furniture stores, home and garden centers. Even in the usually ...
2024 US Home Sales Hit Lowest Level in Nearly 30 ... That led existing home sales to fall 0.7% last year to 4.06 million — the weakest showing for home sales since 1995 and edging out the ...
According to a Friday U.S. Census Bureau report, retail sales for January were down 0.9% from the December. But total sales ...
The average rate on a 30-year mortgage in the U.S. eased for the third week in a row, a smidgen of relief for prospective ...
U.S. retail sales fell more than expected in January, dropping a seasonally adjusted 0.9% from December to $723.9 billion, the Commerce Department said. Economists surveyed by The Wall Street Journal ...
‘It’s kind of a frozen market’: Home sales fell to the lowest level in nearly 30 years in 2024
According to recent data, home sales across the United States fell to the lowest level in nearly 30 years in 2024. This is ...
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