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Sales, August and Mortgage Rates
Existing-home sales dipped 2.5% in August, NAR says
Existing-home sales fell nationwide in August, according to a report Sept. 19 from the National Association of Realtors. Three out of four major U.S.
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.
US home sales fell in August despite easing mortgage rates, more homes on the market
Sales of previously occupied U.S. homes fell in August to the slowest annual pace in nearly a year even as mortgage rates eased and the supply of properties on the market kept rising.
International
7h
Home Sales in America Downtick Further in August
In August 2024, existing-home sales dropped, according to the National Association of Realtors (NAR) latest data. Three out ...
2h
Canada Retail Sales Climb 0.9% in July, Seen Up Again in August
Strengthening sales volumes will be welcome news to the Bank of Canada, which has been concerned about downside risks to the ...
5h
Canadian retail sales beat July estimates, seen up further in August
Canadian retail sales grew by 0.9% in July from June, led by higher sales at motor vehicle and parts dealers, while sales ...
1d
Metro Phoenix home sales fall and prices flat in August. Forecast for September?
Metro Phoenix’s median home price was flat at $440,000 last month compared to July. But it’s up from $435,000 a year ago.
11h
UK government borrows more than expected in August
UK government borrowing sharply overshot expectations in August in a blow to chancellor Rachel Reeves as she prepares for her ...
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