Similar Stories to Pending Home Sales Slump, Factory Orders Up on Bing News

WASHINGTON (Reuters) - Pending sales of previously owned U.S. homes fell sharply in November, but a surge in orders received by factories offered assurance the economic recovery remained on track.

Topics:  washington reuters     pending   u.s    november   home   sales   orders   
BING NEWS:
  • Home Furnishing Retailers Struggle As Fewer Houses Sell—From Williams-Sonoma To Wayfair To Home Depot
    Sonoma, Wayfair, Home Depot, and Lowe’s, all reported revenue drops in first-quarter sales, as high mortgage rates and sluggish home sales dampen demand for furnitures and home improvements.
    06/21/2024 - 11:53 pm | View Link
  • Home sales drop for third straight month as prices hit record high
    The national median sales price rose 5.8% from a year earlier to $419,300, an all-time high on records going back to 1999. It’s also up 51% from five years ago.
    06/21/2024 - 11:12 am | View Link
  • Record high prices, rising mortgage rates depress US home sales
    WASHINGTON, June 21 (Reuters) - U.S. existing home sales fell for a third straight ... But entry-level homes remain scarce, with sales of properties under $250,000 continuing to slump year-on-year. At ...
    06/21/2024 - 6:33 am | View Link
  • Record high prices, rising mortgage rates dampen US home sales
    U.S. existing home sales fell for a third straight month in May as record-high prices and a resurgence in mortgage rates sidelined potential buyers from the market. There was, however, some ...
    06/21/2024 - 5:21 am | View Link
  • US home sales fall for the 3rd straight month in May amid rising mortgage rates, record-high prices
    Sales of previously occupied U.S. homes fell in May for the third straight month as rising mortgage rates and record-high prices discouraged many prospective homebuyers during what’s traditionally the ...
    06/21/2024 - 3:22 am | View Link
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