Key Takeaways Existing home sales surprisingly fell in January as elevated mortgage rates and high prices kept buyers ...
Home prices and mortgage rates, which were a drag on home sales for most of 2024, stayed elevated and put off many buyers.
Existing home sales began the year with their first decline in four months. According to the National Association of Realtors (NAR), sales retreated 4.9% from December to a seasonally adjusted annual ...
U.S. existing home sales dropped more than expected in January after three straight monthly increases as high mortgage rates ...
Zillow's updated forecast projects that U.S. home prices will rise 1.1% between January 2025 and January 2026.
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MT Newswires on MSNJanuary Existing-Home Sales Fall More Than Expected, NAR Data ShowExisting home sales in the US dropped more than projected in January amid elevated mortgage rates and house prices, according to data released Friday by the National Association of Realtors. Existing ...
The S&P 500 dropped 1.7% and the tech-heavy Nasdaq lost more than 2% on Friday.
And those Staten Island numbers mirror a national trend. U.S. existing-home sales advanced for the third straight month in January, climbing 2.2% to a seasonally adjusted annual rate of 4.24 million ...
Poor earnings results and a slump in the major gauges leave the weekend uncertain as futures hug the flatline.
THE US dollar rose against a broad range of currencies on Friday (Feb 22), partly retracing losses versus the yen as ...
Sales of previously occupied U.S. homes fell in January as rising mortgage rates and prices put off many would-be homebuyers.
There are some signs of improvement heading into the spring buying season, but the Trump administration’s economic plans complicate the outlook.
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