Home Sales in March Had Biggest Decline in 16 Months

Sales of previously owned homes decreased 4.3% from the prior month to a seasonally adjusted annual rate of 4.19 million, the biggest percentage decline on a monthly basis since November 2022. Read More

U.S. existing-home sales decline as rates keep buyers sidelined

Sales of previously owned homes in the U.S. fell in March from a one-year high, underscoring the lingering impact of high mortgage rates and elevated prices. Read More

US new home sales rebound to six-month high; rising mortgage rates a concern

Sales of new U.S. single-family homes rebounded in March from February's downwardly revised level, drawing support from a persistent shortage of previously owned houses on the market, but momentum ... Read More

US homes sales dropped last month as March prices reached a record high

Washington (CNN) — Sales of previously owned homes in the United States fell ... Then mortgage rates began to decline on hopes that the Fed would cut interest rates aggressively in 2024, but ... Read More

Mortgage rates are rising, home sales are falling

“The decline ... consumer news reporter for ConsumerAffairs since 2004. He covers real estate, gas prices and the economy and has reported extensively on negative-option sales. He was previously ... Read More

Existing Home Sales Decline By 4.3% In March

“Though rebounding from cyclical lows, home sales are stuck because interest rates have not made any major moves,” NAR Chief Economist Lawrence Yun pointed out. “There are nearly six million more jobs ... Read More

US Existing-Home Sales Decline as Rates Keep Buyers Sidelined

(Bloomberg) -- Sales of previously-owned homes in the US fell in March from a one-year high, underscoring the lingering impact of high mortgage rates and elevated prices. Most Read from Bloomberg ... Read More

Home Sales in March Had Biggest Decline in 16 Months

Home sales in March posted their biggest decline in more than a year, reversing course after a positive start this year as rising mortgage rates frightened off buyers. Sales of previously ... Read More

US homes sales dropped last month as March prices reached a record high

Washington (CNN) — Sales of previously owned homes in the United States fell in March as home prices climbed and mortgage rates held steady that month, reflecting the persistent pain of America ... Read More