Existing Home Sales on Pace to Hit Nearly 30|Year Low

First-time home buyers hit record low with prices continuing to climb

Home sales volume has been down around 4 million a year, which is sluggish compared to a typically healthy market pace of about 6 million home ...

U.S. home sales fell in August despite easing mortgage rates, more ...

Sales fell 4.2% compared with August last year. According to FactSet, the latest home sales were short of the 3.9 million pace economists were ...

Redfin Reports 2023 on Pace For Fewest Home Sales Since 2008

This year is likely to end with roughly 4.1 million existing home sales nationwide, the fewest since the housing bubble burst in 2008.

Home prices hit fresh record high, pushing sales down for fourth ...

Existing-home sales fell to a rate of 3.89 million in June, the ... Nearly 30% of properties were sold above list price, the NAR said ...

US home sales fall for the 3rd straight month in May amid rising ...

The U.S. housing market has been mired in a slump going back to 2022, when mortgage rates began to climb from pandemic-era lows. Existing home ...

Housing Market Potential Increases, But Remains Restricted by ...

In other words, 220 in every 10,000 existing homes were for sale. Inventory turnover hit a historic low of 0.77 percent in February 2022 and has ...

Existing-Home Sales Hit a 3-Year High - The New York Times

Prices surged as resales of homes in the United States rose in April to the highest level in nearly three and a half years, offering the ...

Home sales fell in August despite easing rates, greater supply of ...

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 ...

Existing home sales dropped to 13-year low in September

Sales of previously occupied US homes in September fell for the fourth month in a row, grinding to their slowest pace in more than a decade ...

U.S. home sales fell in June to slowest pace since December

The U.S. housing market has been mired in a slump dating back to 2022, when mortgage rates began to climb from pandemic-era lows. Existing home ...

Existing home sales haven't been this low since 1995

According to the latest NAR data, just 4.09 million existing home sales were reported in 2023, the lowest number in nearly three decades.

US Home Sales Slowed Again In September, Falling to Weakest ...

LOS ANGELES (AP) — Sales of previously occupied U.S. homes slowed in September to the weakest annual pace in nearly 14 years even as ...

2023 was slowest year for US home sales in nearly 30 ... - Sent-trib

LOS ANGELES (AP) — Sales of previously occupied U.S. homes sank in 2023 to a nearly 30-year low, as sharply higher mortgage rates, ...

Lower Rates Fuel Fastest Pace of US Home Sales in Over a Year

Builders are working to sell off inventories that are hovering near records after ramping up construction during the pandemic recovery. The ...

2023 was slowest year for U.S. home sales in nearly 30 years

LOS ANGELES (AP) — Sales of previously occupied U.S. homes sank in 2023 to a nearly 30-year low, as sharply higher mortgage rates, ...

Existing-home sales hit a 14-year low as homebuyers hold out for ...

US existing-home sales dropped to a nearly 14-year low in September as prospective homebuyers held back in anticipation of lower mortgage rates.

US home sales slowed again in September, falling to weakest ...

LOS ANGELES (AP) — Sales of previously occupied U.S. homes slowed in September to the weakest annual pace in nearly 14 years even as mortgage rates eased and ...

July Existing Home Sales Edged Up From Near Rock Bottom

Despite the uptick, the pace of sales remained near its lowest ever as high mortgage rates and few houses for sale stifled the market. The ...

Existing-home sales hit 13-year low as housing market enters deep ...

Existing-home sales dropped a stunning 15% in September on a year-over-year basis to a seasonally adjusted annual rate of 3.96 million transactions.

US Home Sales Slump To Slowest Pace In 6 months - MSN

The decline can be attributed to increasing mortgage rates and historically high home prices, as the housing market is seeing more supply of homes than demand.