U.s. Existing-home Sales Tumble

Sales of previously owned homes tumbled to a six-month low in November, a sign the housing market continues to underperform despite a burst of stronger economic growth.

Topics:  november   u.s   sales   tumble   
BING NEWS:
  • Home sales strong in metro Detroit but down in U.S. as rates, prices stay high
    Sales of previously owned homes in the U.S. fell in March from a one-year high, underscoring the lingering impact of high mortgage rates and elevated prices. But in metro Detroit, closed sales ...
    04/18/2024 - 11:27 am | View Link
  • Existing home sales fall most in over a year
    Existing home sales fell as mortgage rates lurched upward amid higher inflation readings and the rising odds of fewer interest rate cuts from the Fed this year.
    04/18/2024 - 8:05 am | View Link
  • US existing home sales drop in March; median price increases
    U.S. existing home sales fell in March as higher interest rates and house prices sidelined buyers from the market.
    04/18/2024 - 7:07 am | View Link
  • Home Sales in March Had Biggest Decline in 16 Months
    Sales of previously owned homes decreased 4.3% from the prior month to a seasonally adjusted annual rate of 4.19 million, the biggest percentage decline on a monthly basis since November 2022.
    04/18/2024 - 5:01 am | View Link
  • Economy Struggling With High Interest Rates and Stubborn Inflation
    Overall, consumers remain in an expansive mood and continue to spend. According to data from polling firm Ipsos, sentiment is stabilizing after a volatile four months in which inflation readings came ...
    04/18/2024 - 4:17 am | View Link
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