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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.
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.
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
19h
on MSN
Home sales fall to lowest level since October 2023
American home sales fell to the lowest level since October 2023, as home buyers held back in the face of high mortgage rates ...
17h
Bummer! Existing-home sales flop, but relief could be on the way
Federal Reserve’s interest rate cut on Wednesday, which was larger than some people expected, couldn’t have come at a better ...
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 ...
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 ...
20h
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.
9h
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, ...
MT Newswires on MSN
1d
August Existing, Pending Home Sales Reach Lowest Level Since 2020, Redfin Says
Existing and pending home sales declined in August to their lowest levels since the second quarter of 2020, Redfin (RDFN) reported Wednesday. Sales of existing homes fell 1% month over month in August ...
17h
Average rate on 30-year mortgage falls to 6.09%, according to Freddie Mac, hovering at lowest level since February 2023
Average rate on 30-year mortgage falls to 6.09%, according to Freddie Mac, hovering at lowest level since February 2023 ...
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