After four consecutive months of increases, sales of previously-owned homes slowed in August as cash investors backed out of the market, easing the path to home ownership just a bit for regular folks. Sales of existing homes fell 1.8% from July to a seasonally adjusted annual rate of 5.05 million in [...]

Topics:  august   july   sales   investors   homes   
BING NEWS:
  • Sluggish start for spring homebuying season as home sales fall in March with mortgage rates rising
    The spring homebuying season is off to a sluggish start as home shoppers contend with elevated mortgage rates and rising prices. Sales of previously occupied U.S. homes fell ...
    04/18/2024 - 8:38 am | View Link
  • Sales Of US Homes Slip In March As Mortgage Rates Still High
    Sales of existing homes in the United States pulled back in March, according to industry data released Thursday, with transactions bogged down by elevated mortgage rates.
    04/18/2024 - 7:00 am | View Link
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