WASHINGTON — Sales of previously occupied homes fell in December for the first time in four months as many would-be buyers were frustrated by a lack of available houses, which fell to the lowest level in more than two decades. Existing home sales dropped 4.6 percent last month from November, to a seasonally adjusted annual rate of nearly 6.2 million, the National Association of Realtors said Thursday. The demand for homes remains healthy, the group said, with median prices jumping nearly 16 percent from a year ago to $358,000.

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  • Existing home sales fell sharply last month
    Sales of existing homes continue to fall as rising mortgage rates present buyers with affordability issues.The National Association of Realtors (NAR) r ...
    05/20/2022 - 2:38 am | View Link
  • April home sales fell 20% in Maine, but prices went through the roof
    Fewer Maine homes sold for more money last month as high demand and low inventory continued to drive up prices, but real estate professionals say there are signs the state's red-hot residential market ...
    05/19/2022 - 11:47 am | View Link
  • Home sales tumble again as mortgage rates surge
    At the current sales pace, the level of for-sale properties amounts to a 2.2-month ... Compassion International SPONSORED — During this fall’s football season—and as the pandemic continues ...
    05/19/2022 - 6:50 am | View Link
  • U.S. existing home sales fall for third straight month; house prices at record high
    At April's sales pace, it would take 2.2 months to exhaust the current inventory of existing homes, down from 2.3 months a year ago. A six-to-seven-month supply is viewed as a healthy balance between ...
    05/19/2022 - 6:02 am | View Link
  • US Previously Owned Home Sales Fall to Lowest Since June 2020
    Digging Deeper Sales dropped in the South and West from the prior month, though rose in the Northeast and Midwest Properties remained on the market for an average of 17 days last month, compared to ...
    05/19/2022 - 3:35 am | View Link
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