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March homes sales dropped despite a surge in supply. Here's why.
Sales of previously owned homes dropped 4.3% in March compared with February, to a seasonally adjusted annualized rate of 4.19 million units, according to the National Association of Realtors. Sales ... Read More
Home sales and prices rose in January as eager homebuyers returned to the market
Sales of existing homes in the US climbed in January, pushed up by buyers who were encouraged to make a purchase by falling mortgage rates. But the surge may ... For more CNN news and newsletters ... Read More
Existing Home Sales Shoot Higher; Inventory also Improves
Rather than easing back from the January level as expected, existing home ... with a surge of 16.4 percent compared to January. The annual rate of 850,000 units was 1.2 percent below sales the ... Read More
Mortgage rates are now at the highest level of the year, and could still climb
Even with rates higher, however, mortgage applications to purchase a home rose 5% last week compared with the previous week. Read More
Home sales surge as buyers make peace with elevated mortgage rates
In the West, existing home sales vaulted nearly 17% from a month ago, and the median price was $593,000, up 9% annually. Sales in the South jumped by nearly 10% from January, and the median price ... Read More
Existing home sales unexpectedly surge 9.5% in February
U.S. Existing Home Sales jumped 9.5% in February to 4.38M, the 3.95M consensus, from 4.00M in January, marking the largest monthly increase since February 2023. Still, from a year ago, sales ... Read More
US existing home sales surge above February estimates: NAR
SEANA SMITH: Well, let's turn to some breaking news because we got another reading on the housing market, February existing home ... sales pace, that is down from three months in January but ... Read More
How it Started... How it's Going: Home sales down, housing prices, mortgage rates up since Biden took office
a 5.9% increase from January and 10.3% surge from 970,000 units one year ago. "Just 1.07 million existing homes were for sale at the end of February. In the same month five years earlier ... Read More
US Economy on Solid Ground as Weekly Jobless Claims Fall, Home Sales Surge
"And now there are signs of life for existing home sales. This makes easing monetary ... to be coming from less hiring rather than a surge in firings," said Rubeela Farooqi, chief U.S. economist ... Read More
Existing home sales popped in February despite higher mortgage rates
Existing home sales increased last month for only the third time since May amid a tumultuous housing market featuring high mortgage rates. Home sales in February rose a strong 9.5% to a seasonally ... Read More
Ada County home prices just spiked by a record-setting amount in 1 month. This is why
The median price of existing home sales in Ada County jumped nearly $57,000 to $546,800 — breaking the record for the largest month-over-month increase in county history, according to a news release ... Read More
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