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Aug. home sales drop more than expected
August home sales drop more than expected as prices set a record
Tight supply is keeping the pressure on prices. The median price of an existing home sold in August was $416,700, up 3.1% from the same month in 2023. That is the highest price ever for August.
U.S. Home Sales Surprise Fall in August Despite Easing Mortgage Rates
Sales decreased 2.5% month on month to a 3.86 million according to a report from the National Association of Realtors
US existing home sales drop in August; supply improves
U.S. existing home sales fell more than expected in August as house prices remained elevated despite a continued improvement in supply.
17h
on MSN
Home Sales Fall to Lowest Level in Almost a Year. A Turning Point Is Coming.
Home sales remained down in the dumps in August—but there’s reason to believe they could perk up soon. Previously owned homes ...
1d
on MSN
Home buyers are holding their breath for rate cuts as existing home sales plunge to lowest since the pandemic
Existing home sales fell 1% in August from July, reaching their lowest level since the pandemic, according to a report from ...
17h
on MSN
Home sales fall to lowest level since October 2023
The numbers: American home sales fell to the lowest level since October 2023, as home buyers held back in the face of high ...
Finance & Commerce
1d
Home sales fell in August despite easing rates, greater supply of homes
LOS ANGELES —
Sales
of previously occupied U.S. homes fell in August to the slowest annual pace in nearly a year even as ...
7h
How Minneapolis is pushing to build more housing as home sales drop
The number of home sales have dropped, sending prices to a record high. But a plan in Minnesota, known as Minneapolis 2040, ...
16h
Home sales slumped in August. But they’re poised to soar after the Fed finally cut interest rates
Sales of previously owned homes in the United States fell sharply in August, despite mortgage rates plummeting that month.
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