US new home sales slump; supply at more than 16-year high Economists polled by Reuters had forecast new home sales, which account for 13.1% of U.S. home sales, would hit a rate of 640,000 units. New home sales are counted at the signing of a contract, making ... 06/26/2024 - 6:04 am | View Link
US new home sales hit six-month low in May New home sales are counted at the signing of a contract, making them a leading indicator of the housing market. They, however, can be volatile on a month-to-month basis. Sales slumped 16.5% on a ... 06/26/2024 - 3:59 am | 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
Home prices hit record high in May The median price of an existing home that sold in May was $419,300, a record high and up 5.8 percent from last year, according to the National Association of Realtors. This is the largest gain in ... 06/21/2024 - 4:35 am | View Link
Home Prices Hit Record as Sales Slide. They’re Not Unrelated. Sales of previously owned homes in May fell 0.7% to a seasonally adjusted annual rate of 4.11 million. The consensus forecast as tracked by FactSet was for sales to drop to a rate of 4.07 million. 06/21/2024 - 3:50 am | View Link
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