WASHINGTON (Reuters) - New single-family home sales unexpectedly fell in June, but a sharp rise in prices and declining supply suggested the market for new houses was starting to stabilize, a government report showed on Tuesday.
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BING NEWS:
- Pending Home Sales Fell the Most Since 2022 in December as Mortgage Rates Jumped
Pending home sales fell 4.5% month over month in December on a seasonally adjusted basis—the largest decline since October 2022—and dropped 2.3% year over year. That is according to a new report from ...
01/17/2025 - 12:00 am | View Link - Fourth Quarter Housing Data Hints at Home Sales Rebound for 2025
The fourth quarter of 2024 saw sales up 10% from the third quarter and stood among the stronger quarters for activity in the last 20 years, not accounting for the pandemic.
01/15/2025 - 2:00 am | View Link - 5 housing markets likely to see prices fall this year
These five metro areas have a more-than-70% chance of seeing home prices fall, Corelogic said.
01/8/2025 - 6:30 am | View Link - South Florida home sales stuck in rut of high prices, 'volatile' interest rates
There are no predictions that home prices, which in Palm Beach County hit a record median high of $659,999 in June 2024, will crash ... we shouldn't expect prices to fall," he said. "We aren't ...
01/6/2025 - 9:01 pm | View Link - South Florida home prices edge down, condo sales keep dropping
Single family home price increases slow while hundreds more condos hit the market in South Florida in November.
01/6/2025 - 9:35 am | View Link - More
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