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:
- Sales of existing homes jumped in October
Taking advantage of an early fall dip in mortgage rates, homebuyers returned to the housing market, boosting existing home sales in October to the first ye ...
11/21/2024 - 11:55 pm | View Link - Did lower mortgage rates lead to higher home prices in October?
Traditionally, home prices soften in the second half of the year but that's not what's happening. Let's look at why.
11/21/2024 - 8:39 am | View Link - Cities With the Biggest Seasonal Changes in Home Prices
Though predictable overall—with home prices often rising in the spring and summer, and demand typically softening in the fall and winter—some housing markets see much greater seasonal changes in home ...
11/18/2024 - 10:11 am | View Link - US existing home sales slide to 14-year low; prices stay elevated
WASHINGTON, Oct 23 (Reuters) - U.S. existing home sales dropped to a 14-year low in September, weighed down by higher mortgage rates and house prices ... pace in the April-June quarter.
10/23/2024 - 8:12 am | View Link - Existing home sales fall to lowest level since 2010
Holden Lewis, a home and mortgage expert at NerdWallet, attributed the decline in existing home sales to a combination of rising mortgage rates and home prices that have pushed the prospect of a ...
10/23/2024 - 7:02 am | View Link - More
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